If we don't break the bottom trend line of the triangle, there's a scenario where this might happen and we see 20.000 by the last months of the year.
If this comes true we see a "cup and handle" forming, which by the end of the year can retrace a bit and after that continue to climb a bit more.
This is just a prediction and needs to be monitored as it's forming, not a certainty.
The first challenge is breaking upwards the triangle.
Trade carefully!
If this comes true we see a "cup and handle" forming, which by the end of the year can retrace a bit and after that continue to climb a bit more.
This is just a prediction and needs to be monitored as it's forming, not a certainty.
The first challenge is breaking upwards the triangle.
Trade carefully!
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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.