We are right now in a downtrend in prices with a HUGE UPTREND in the ACCUMULATION Distribution Line indicating underlying buying pressure.
SHORT TERM - ASCENDING / SYMMETRICAL TRIANGLE (Continuation Pattern) - Target $450 - 600 //
LONG TERM - REVERSE H&S - Targets $550 – 750 – 900 – 1050.
In SHORT TERM inside the REVERSE HEAD & SHOULDERS PATTERN seems to be a CUP & HANDLE PATTERN with target to $600.
Inside the CUP & HANDLE PATTERN seems to be an ASCENDING TRIANGLE PATTERN (Continuation Pattern)
Come on gimme MOAAAR...........
REVERSE H&S PATTERN Targets $550 – 750 – 900 -- 1050.
Currently Trading range $400 – 450
- YUAN DEVALUATION &...
In SHORT TERM inside the REVERSE HEAD & SHOULDERS PATTERN seems to be a CUP & HANDLE PATTERN with target to $600 .
Targets REVERSE HEAD & SHOULDERS PATTERN : $550 – 750 – 900 -- 1050
- YUAN DEVALUATION & Capital CONTROLS (PBoC)
- Future High INFLATION (hyperinflation ?)
- COLLAPSE of the Global Financial System
There is only ONE DIRECTION for BTC...
Targets $530/50 – 750 – 900 -- 1000 . Currently Trading range $400 – 450
- YUAN DEVALUATION & Capital CONTROLS (PBoC).
- Future High INFLATION (hyperinflation ?).
- COLLAPSE of the Global Financial System.
There is only ONE DIRECTION for BTC : UP
