Bitcoin 1 Day Chart + term prediction
BTCUSD
Bitcoin might decide to breakout this Symmetrical Triangle in June
Closer look:
Bitcoin has formed big Falling Wedge which it has broke out from
Measured move of that breakout is 9200 level.
Therefore we have a very big chance to breakout of the Symmetrical Triangle, the orange one showed in this picture above.
Also a rising wedge forming on the 4 hr chart
Breakout scenario of Rising Wedge
We should then move up to : $ 8250 - $ 8300
Estimated Duration: 04 June - 11 June 2018
I will keep you guys updated
BTCUSD
Bitcoin might decide to breakout this Symmetrical Triangle in June
Closer look:
Bitcoin has formed big Falling Wedge which it has broke out from
Measured move of that breakout is 9200 level.
Therefore we have a very big chance to breakout of the Symmetrical Triangle, the orange one showed in this picture above.
Also a rising wedge forming on the 4 hr chart
Breakout scenario of Rising Wedge
We should then move up to : $ 8250 - $ 8300
Estimated Duration: 04 June - 11 June 2018
I will keep you guys updated
Trade active
We are now in a upwards channel
Waiting what will happen upcomming days
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.
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.