Bitcoin seems to be having a weird bear season while most of the people were certain for the moon to arrive.
I am seeing tons of similarities with this period to 2018 bear season and 2015 bear season.
I do not see an ATH likely in 2020 - however when it comes to crypto and stocks everything is likely...
Considering a bull trap, it is likely to see 8300 which is our 50 MA daily and even 9k which is our 200 MA daily levels.
If the trap is convincing enough BTC can move up until 11k before the next crash. But still I will go with the 8300-9k scenario.
7100 USD is the invalidation of this analysis - not with a wick with a nice candle body.
Not a trading advice always do your own research and have a great day everyone!
I am seeing tons of similarities with this period to 2018 bear season and 2015 bear season.
I do not see an ATH likely in 2020 - however when it comes to crypto and stocks everything is likely...
Considering a bull trap, it is likely to see 8300 which is our 50 MA daily and even 9k which is our 200 MA daily levels.
If the trap is convincing enough BTC can move up until 11k before the next crash. But still I will go with the 8300-9k scenario.
7100 USD is the invalidation of this analysis - not with a wick with a nice candle body.
Not a trading advice always do your own research and have a great day everyone!
Dagangan aktif
channel is broken but the trade is still active. 7100 level is still holdingDagangan ditutup: hentian tercapai
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.
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.
