Greetings traders! I want to present you my BTCUSD analysis which is based in the current trend line. If Bitcoin price keeps following the super-agressive traders tendency line, we can wait bitcoin price to reach the $20.000 target by December 19. Even though tendency line suggests a price increment, I would like to stay neutral about my recommendation since most of the times is very difficult to predict bitcoin price movements using technical analysis.
Personally, I think there's going to be a bitcoin price retracement near 15.700 before any upward movement, however, everything can happen, specially with BTCUSD.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Personally, I think there's going to be a bitcoin price retracement near 15.700 before any upward movement, however, everything can happen, specially with BTCUSD.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Note
Big drop in BTCUSD. Bouncing at 15100? Or it will keep continue going down?Note
Moving to $20.000 target!Note
Channel working perfectly! Possible retracement in next hours :)Note
BTC is about to reach the $20.000 target, dont wait for a retracement!Note
BTC Testing trend line. Next move $20,000?Note
BTC testing again Trend Line. Will it go down?Note
BTC broke 200MA important resistance. It tried to recover but failed in its attempt. Waiting for more info before publish new ideaNote
Bitcoin testing top of agressive traders channel. Possible breakout !Note
BIG drop in BTC!!!Note
BTC price reaches height of the H&S, time to recover?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.