BTCUSD potential ascending triangle & to rally to $12k by Mar
Diupdate
Hi, this is just an update on my previous two posts (see links below).
I've mentioned this inverted H&S for some time. It's true that the time frame isn't the largest, but there's a possibility of bullish momentum around the next CBOE maturity date (which coincides with the Chinese NY).
I explained this in an YouTube video I posted this morning, but those are just the details. The main takeaway is
I've mentioned this inverted H&S for some time. It's true that the time frame isn't the largest, but there's a possibility of bullish momentum around the next CBOE maturity date (which coincides with the Chinese NY).
I explained this in an YouTube video I posted this morning, but those are just the details. The main takeaway is
Catatan
btw, 
12K is also the neckline of the H&S from ATH.Catatan
I'm a little uncertain whether we have a breakout. Above 9.5k would be certainly a breakout.
If breakout is confirmed, a rally could be very fast b/c CBOE.
Catatan
one thing that troubles me is that it seems all the "top" posters here have become bullish again.perhaps a retest of the ascending triangle may be forthcoming.
Catatan
Send to be the Chinese New Year rallyCatatan
SeemsCatatan
btw, the previous support was 10.3. I think 10.3k is the highest it could go todayCatatan
Really didn't pass 10.3.Right now small correction. I expect 9.5 to be a support. Can't see it going under (or too close to) 9k.
Catatan
I made another YT video explaining that we're starting to turn bullish --- not having a bull trap. I think 11k will see some resistance, but 12K+ will be achieved by Mar.
Publikasi terkait
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.