BTC: Possible movements for the next six to 8 months
The second channel has the same horizontal length in time as the first, I expect an accumulation phase which will last till summer and then we see break out of the channel and possible upward targets such as 140k.
The second channel has not been formed yet, and I wait to see if next short term movements confirm the channel limits.
This is not a yet a long trade idea as you see the possible movements in the channel, it might worth trying some swing trades..
Not a financial advice!
Ps. Let me know what do you think.
The second channel has not been formed yet, and I wait to see if next short term movements confirm the channel limits.
This is not a yet a long trade idea as you see the possible movements in the channel, it might worth trying some swing trades..
Not a financial advice!
Ps. Let me know what do you think.
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