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awais1989
21 de Jan de 2021 02:07

BTCUSD Bitcoin to become bullish once symmetrical triangle break Viés de alta

Bitcoin / United States DollarCoinbase

Descrição

Bitcoin price is clearly in a symmetrical triangle pattern which is nearing its end so expect a big move soon. It is likely to continue in the predicted channels within the triangle and break upwards to a fibonacci extension of 1.618 at 53K.
Resistance likely at 0.5 Fib (37300) and 0.618 Fib (39000) before continuing the march to victory
However If price breaks and closes below 33.5K (The higher low in symmetrical triangle) then this analysis has failed and expect a move to the downside to 30K and possibly even further below.

Comentário

So the price broke and closed below 33.5K which was confirmation of break of structure. Price has now reached 30K as predicted, If breaks next stops are 28K, 25K and 23K
Comentários
barryabs
so the price will either go up or go down? That was worth it..
shaxrashid
ops, didnt see that coming did you? its going yo fall below 25k this time. certainly will pull back a little but the sell off is just starting.
Mais