THC Possible Scenario!
Updated
Nice bounce from a curve support and now forms a bullish flag on 4h timeframe!
Entry zone is this green box and SL and three targets zones are on the picture!
More confirmations are coming into the update section below!
Good luck!
Entry zone is this green box and SL and three targets zones are on the picture!
More confirmations are coming into the update section below!
Good luck!
Note
RSI divergence on the daily timeframe!Note
The weekly timeframe - last week closed with a "Hammer" candlestick pattern!Note
We have a nice breakout from bull flag and retest bounce in the 4h chart!So, everything goes like we have planned!
Note
UPDATE:During the night we missed our first target by 0.5% and at the moment we are back in the consolidation area (let's call this a bull flag)
If BTC makes another leg down then this could be a big problem! If we break this bottom support line then sell Your THC just in case! We get better opportunities!
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