BitcoinAggiornato The last stand! Up or down, you decide
Hi all, simple chart, simple explanation.
We are in a rising wedge.
Daily closes must stay above around 66.2k for bullish continuation (2 days at least) AFTER a retest of 65.3k.
Otherwise if this fails with daily closes below 66.2k after the retest of 65.3k.
I see a falling wedge in the making, highlighted key areas I think there will be retracements.
Ultimate bearish target completion = 52.6k give or take $500. From my calculations.
This is NOT financial advice, DYOR.
My thoughts....
The Whale whisperer
We are in a rising wedge.
Daily closes must stay above around 66.2k for bullish continuation (2 days at least) AFTER a retest of 65.3k.
Otherwise if this fails with daily closes below 66.2k after the retest of 65.3k.
I see a falling wedge in the making, highlighted key areas I think there will be retracements.
Ultimate bearish target completion = 52.6k give or take $500. From my calculations.
This is NOT financial advice, DYOR.
My thoughts....
The Whale whisperer
Nota
Hi all, ran through some numbers again. I will be increasing the buy area from 52.5k to 54.5K, give or take $500. I believe there will be massive support in this area, and huge rally to re-test 70k, worrying about 2k difference is immaterial when the upside is potentially huge.
Not financial advice, DYOR.
My thoughts....
The Whale whisperer
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.