VENBTC

Another BULLISH FLAG PATTERN. not really much just some usual consolidation inside the rectangular flag as this consolidation is measured to be within the 0.5 and 0.386fib retracement levels. The second time the RSI is below 50 and building up a strong momemtum to push price up. Targets were measured with the height of the pole of the flag( just like tht of WTC and NULS)

TECHNICALS suggests that more consolidation within the resistance and support levels will hold price down based on the break of the 50RSI. If broken price will extend to to a target of 1.272fib extension.

 

Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

$COV HODL