Short
BTC-USD/GUP : Long Term Projection
3 day chart ( BTC -1.35% value calculated to USD)
Bullish scenario for the end of the year.
Chart is self explanatory, descending wedge target = base formation of the triangle ($1.50)
Breakout + $1.50 target = ATH -0.02%
That should then form an ascending triangle , if breakout we can see a x 500% pump taking us to $10 like the formation of the ascending triangle .
Trade is valid as long as the orange trendline holds.
Bullish scenario for the end of the year.
Chart is self explanatory, descending wedge target = base formation of the triangle ($1.50)
Breakout + $1.50 target = ATH -0.02%
That should then form an ascending triangle , if breakout we can see a x 500% pump taking us to $10 like the formation of the ascending triangle .
Trade is valid as long as the orange trendline holds.
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