BTC price has found support at the demand zone between 63K and 59K .
A Bull flag pattern has formed confirmed by the break out of the descending channel to 68K and retracement to demand zone. On 8hr chart you can see clear bullish candlestick pattern at point of contact .
Good for a long position here with TP at 1.618 Fib of fib extension and SL below 60800.
A Bull flag pattern has formed confirmed by the break out of the descending channel to 68K and retracement to demand zone. On 8hr chart you can see clear bullish candlestick pattern at point of contact .
Good for a long position here with TP at 1.618 Fib of fib extension and SL below 60800.