Bitcoin Bullish Channel Solid. Breakout to occur soon! Target 4k
As expected, our trendline held. We bounced:
Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish.
Here's what I expect from Bitcoin according to our charts:
1) Break $2980 before Aug 1 and then come
back down and bounce off it and up after.
2) Bounce around in here for a few more days
before breaking up and out.
Either way, the 3-4 week target remains at the top of the GREEN channel.
Time to make some cash Bitcoin traders!
Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish.
Here's what I expect from Bitcoin according to our charts:
1) Break $2980 before Aug 1 and then come
back down and bounce off it and up after.
2) Bounce around in here for a few more days
before breaking up and out.
Either way, the 3-4 week target remains at the top of the GREEN channel.
Time to make some cash Bitcoin traders!
Trade closed: target reached
$4000 target reached. This happened far sooner than expected and so it could get ugly in the next few days/weeks. But if you missed this massive move up, you'll likely get a chance to hop on board soon. 
Stewdamus Trades -
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Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.