BitcoinLong
TRUMP'S WORLD ECONOMIC FORUM SPEECH - $120K NEXT (?)
As illustrated, I'm visualizing what could be the breakout of a symmetrical triangle.
Because this structure formed above key pivot areas and psychological price level of 100K, there is reasons to believe it indicates a healthy and adequate uptrend, being such pattern a continuation with a potential new bullish impulse that could drive price to new ATH at least just below $115,000 , and in extension to $120,000 in the near future.
Price should hold the psychological barrier of 100K and in extension to the downside, 95K should serve as a major support.
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GOOD LUCK!
Because this structure formed above key pivot areas and psychological price level of 100K, there is reasons to believe it indicates a healthy and adequate uptrend, being such pattern a continuation with a potential new bullish impulse that could drive price to new ATH at least just below $115,000 , and in extension to $120,000 in the near future.
Price should hold the psychological barrier of 100K and in extension to the downside, 95K should serve as a major support.
--
GOOD LUCK!
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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.