BitcoinAtualizado BITCOIN NEXT MOVE - 8.5K OR NEW ATH? - CryptoManiac101
BTC / USD TA
From looking at structural integrity, we are looking bullish with directional bullish bias which should put us around $17,000 - $22,000 in coming weeks.
From pure logical standpoint, we should see healthy pull back with sideways movement just like we've observed in prior bull runs which lasted usually for 2-5 month.
BULL SCENARIO - We reach New ATH within next 2-4 weeks.
BEAR SCENARIO - We correct back towards support of around $8,500 with sideways movement making New ATH around Q4
We also have bullish STOCH RSI on 12H 24H which does support bullish bias.
Patterns wise, we have a gigantic inverse head n shoulders which was validated earlier with a massive $700 pump.
If you're in trade LONG at this time, setting up a profit stop loss is reasonable and if you're looking for entry at these highs, be aware of the risk.
From looking at structural integrity, we are looking bullish with directional bullish bias which should put us around $17,000 - $22,000 in coming weeks.
From pure logical standpoint, we should see healthy pull back with sideways movement just like we've observed in prior bull runs which lasted usually for 2-5 month.
BULL SCENARIO - We reach New ATH within next 2-4 weeks.
BEAR SCENARIO - We correct back towards support of around $8,500 with sideways movement making New ATH around Q4
We also have bullish STOCH RSI on 12H 24H which does support bullish bias.
Patterns wise, we have a gigantic inverse head n shoulders which was validated earlier with a massive $700 pump.
If you're in trade LONG at this time, setting up a profit stop loss is reasonable and if you're looking for entry at these highs, be aware of the risk.
Trade ativo
Trade ativo
Nota
We are already up 290% from buying at time of posting this TANota
Of course I'm talking about on leverage
Publicações relacionadas
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.
Publicações relacionadas
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.