Cryptogreen

BTC- Symetrical triangle

Cryptogreen Cập nhật   
BITSTAMP:BTCUSD   Bitcoin
Hi guys! Posting my idea for my reference. I see BTC forming symetrical triangle with corresponding descending volume. As this formation has 50/50 chance to the up-of downside, we have to wait for breakout, which will confirm further movement. RSI is in uptrend and still has some place to grow. What makes this formation so interresting is because of the size of the pattern and therfore verry stretched targets. In bullish scenario target to the upside is 10,5K and in bearish scenario arround 3,4K area. With strong fundamentals as the halving and popular historical S2F model i am personally BULLISH 60%. Let's see and good luck!
Bình luận:
Forgot to mention that some tricks from BTC price are also to expect. Call it manipulation or whatever but the price of BTC often plays tricks with TA analysts. In this case a breakdown and return to the BULLISH target can easily occur. Watch out shorters :)

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.