Bitcoin: three patterns, $ 12350 target?

22 thg 7, 2019

With the presence of a possible Ascending Triangle, and possibly an Inverted H&S:
the price could go looking for the top of the Parallel Channel @ $ 12,350

DISCLAIMER: You alone are responsible for your positions.

23 thg 7, 2019

Ghi chú

To survey: Left Shoulder = $ 9880 = Right Shoulder = Support line of the triangle

23 thg 7, 2019

Ghi chú

If invalidate = target $ 8k7

25 thg 7, 2019

Ghi chú

As expected (see my comment below), the crossing of the red trendline will not be smooth, with for the moment a first rejection:

26 thg 7, 2019

Ghi chú

The price is still stuck between the two lines of trend that I had highlighted:



Imminent breakout, we will be fixed on the next trend.

27 thg 7, 2019

Ghi chú

Bearish trend line finally defeated on the tip of the triangle, closer to the bullish trend line that marks the point and gives us a bull signal with the $ 10k found:

10 thg 8, 2019

Giao dịch đang hoạt động

The resistance of my downward parallel channel (white line) is heavily worked for 5 days with the formation of a bullish trendline support:
So I expect an imminent breakout of this resistance with a pump today, target 13k$

Height of the triangle: 1000 $ (11000-12000 $)
breakout at $ 12000 + height $ 1000
Target of the pump: $ 13000