BitcoinDiupdate 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
Catatan
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.