Hi fellow traders.
Please check the original post on SANDBTC for detailed explanations
Looking at the hourly pattern there is a potential Bullish flag . Within this flag the next support line are RF-0.38 or 0.5. If the top of the channel breaks then it will try RF-0.23 again and head for RF-0.0 the historical peak (target1, 25% profit), and possibly Fibo- 1.27 (target 2, 60%).
WHAT ABOUT LONG TERM THEN?
If it manages to break the last historical peak then the targets are target 2 (60%) to target 5 (200%) depending on the future movments.
Please check the original post on SANDBTC for detailed explanations
Looking at the hourly pattern there is a potential Bullish flag . Within this flag the next support line are RF-0.38 or 0.5. If the top of the channel breaks then it will try RF-0.23 again and head for RF-0.0 the historical peak (target1, 25% profit), and possibly Fibo- 1.27 (target 2, 60%).
WHAT ABOUT LONG TERM THEN?
