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Bitcoin
Wow! Just look at the chart :D
This is a weekly chart, higher lows and lower highs being formed.
This means pennant is formed which looks very bullish.
Most of the indicators just signalling start of a new run although some key trend indicators giving a bearish outlook.
The odds of bullish break are more (80%).
I advise traders to exercise caution and place optimal stop losses at $6500. Do not panic sell now for mere 5-10% loss bookings.
We are finishing disbelief now :D
Follow and like for more updates and new ideas!
Happy investing!
This is a weekly chart, higher lows and lower highs being formed.
This means pennant is formed which looks very bullish.
Most of the indicators just signalling start of a new run although some key trend indicators giving a bearish outlook.
The odds of bullish break are more (80%).
I advise traders to exercise caution and place optimal stop losses at $6500. Do not panic sell now for mere 5-10% loss bookings.
We are finishing disbelief now :D
Follow and like for more updates and new ideas!
Happy investing!
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