The direction of Bitcoin
Analysis style: RTM
The link of my previous analysis is placed in the chart and you can see it.
According to Ingulf weekly flag limit, the price should reach the same scale flag limit (weekly).
And the flag limit of the same scale is created in the area of 8833.00 to 10380.00. Therefore, based on the fractal, the price reacts to the flag limits of the same scale and retraces to reach the weekly flag limit and from there move towards the goals above 69000.
Note: This is not a financial recommendation.
The link of my previous analysis is placed in the chart and you can see it.
According to Ingulf weekly flag limit, the price should reach the same scale flag limit (weekly).
And the flag limit of the same scale is created in the area of 8833.00 to 10380.00. Therefore, based on the fractal, the price reacts to the flag limits of the same scale and retraces to reach the weekly flag limit and from there move towards the goals above 69000.
Note: This is not a financial recommendation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.