Prior to the incoming $26k...
Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th.
Next, the rebound:
Phase 1 target $9700 - Aug 17, 2020
This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally.
Phase 2 target $14,500 - Sept 4, 2020
Phase 2 rally gives new hope and results in FOMO driving the bear even higher in Phase 3.
Phase 3 target $26,000 - Oct 20, 2020
Phase 3 is simply the completion of FOMO and I expect a rapid drop after topping out at/around $26,000.
Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th.
Next, the rebound:
Phase 1 target $9700 - Aug 17, 2020
This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally.
Phase 2 target $14,500 - Sept 4, 2020
Phase 2 rally gives new hope and results in FOMO driving the bear even higher in Phase 3.
Phase 3 target $26,000 - Oct 20, 2020
Phase 3 is simply the completion of FOMO and I expect a rapid drop after topping out at/around $26,000.
Dagangan ditutup: sasaran tercapai
Target was reached, but 2 months later than expected.Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.