Possible rising wedge for Bitcoin
Seeing higher highs and even higher lows on bitcoin for the last few weeks.
If the pattern plays out the target should be at the base of the pattern, which is around $19 500. It doesn't have to go that low, but I would expect at least $21 000 if the patterns breaks to the downside.
This coincides with the merge on Ethereum. Historically we have seen buy the rumour, see the news events. We will have to see if this is one of those or not.
If the pattern plays out the target should be at the base of the pattern, which is around $19 500. It doesn't have to go that low, but I would expect at least $21 000 if the patterns breaks to the downside.
This coincides with the merge on Ethereum. Historically we have seen buy the rumour, see the news events. We will have to see if this is one of those or not.
Trade fechado: objetivo atingido
Downside target of 21k reached.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.