We dropped form the high of the end of June, down to the 0.618 Fib, we broke out of the falling wedge on the 27th of October. A bullish flag was currently built, I can't explain how and why, but normally the 0.618 Fib bounce goes up to 0.618 aka the dotted red line and red circle, which is by no surprise the target of the bullish flag pattern. This is not a financial advise, let's see how this works out. I might be wrong, who knows. Either you buy the breakout or wait if BTC goes to 9050 again.
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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.