Good_Trading_Calls

Bitcoin Before Halving | $5500 or $6200 ?

Long
BITMEX:XBTUSD.P   Bitcoin
Please Like and Follow First.

Buy Back I - $6425 - $6280

Bull Flag Support + Bullish Gartely Pattern + Previous Trenline + 0.382 Fibonacci Retracement
are coinciding a Support Zone ( $6425 - $6280 )
It's Targets are ( $7450-$7650 )
If Breakout of Bull Flag then Target extends to $10,000 +
Stop Loss : $6100-$6000

Buy Back II - $5900-$5560

Break below from Support Trendline + Weekly Pin Bar Target + 0.618 Fibonacci Retracement
Price acion aims to fulfille the Break out tragets from ascending Support Trendline and Area Between 0.618-0.5 is a important area for a Spot Buy for Bitcoin.
Higher time frame is strongly supporting ( $5900-$5560 )

Stop Loss : $5250

Both Scenario can be Trade with a High Risk/Reward ratio.

So,
$5500 or $6200 is the Low Before Halving ?
What do you think ?
Let me know in the comments.

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