Bull or Bear
We have been in a bear market all of 2018, and the last month has been nothing but boring seeing that Bitcoin 0.12% has had little price action. Bitcoin 0.12% has been unfortunately been been trading sideways within the descending triangle . However this up coming week will determine whether we will be bullish or bearish in the midterm.
If we close above the descending triangle we are likely to push up to our first Bull target. This will be a great start to a trend reversal as we test our previous supports and hopefully get our first higher low of the year
If the price gets rejected at the top of the triangle we will be going down to test the accumulation zone once again. This poses a risk for Bitcoin 0.12% to drop even lower.
PS. Please leave a LIKE and FOLLOW for more!
If we close above the descending triangle we are likely to push up to our first Bull target. This will be a great start to a trend reversal as we test our previous supports and hopefully get our first higher low of the year
If the price gets rejected at the top of the triangle we will be going down to test the accumulation zone once again. This poses a risk for Bitcoin 0.12% to drop even lower.
PS. Please leave a LIKE and FOLLOW for more!
Pubblicazioni correlate
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.