BitcoinTelah dikemas kini Bitcoin About to go Parabolic? Owhooooo!
Looking at this 4hr chart I am still seeing a lot of possibilities for Bitcoin.
For me, if we get above about $56,000 then we are in a potentially parabolic liftoff zone!
I am seeing confirmation of the overall bullish trend in the inverse head and shoulders as well as a breakout of an ascending triangle. The target for these breakouts seems to be around $61,000.
We are also inside the green upward rising channel that has been a critical factor in Bitcoin's bullish trend.
If this is a fake out and we break down again then the target could be down around $35,000.
For me, this daily chart shows Bitcoin breaking out of a bullish pennant and the measured move targets (depending how you like to draw it) is between $72,000 and about $80,000. Let's keep in mind that a break down to retest the trend line around $42,000 would still be overall bullish and healthy for the uptrend.
Owhooooo!
For me, if we get above about $56,000 then we are in a potentially parabolic liftoff zone!
I am seeing confirmation of the overall bullish trend in the inverse head and shoulders as well as a breakout of an ascending triangle. The target for these breakouts seems to be around $61,000.
We are also inside the green upward rising channel that has been a critical factor in Bitcoin's bullish trend.
If this is a fake out and we break down again then the target could be down around $35,000.
For me, this daily chart shows Bitcoin breaking out of a bullish pennant and the measured move targets (depending how you like to draw it) is between $72,000 and about $80,000. Let's keep in mind that a break down to retest the trend line around $42,000 would still be overall bullish and healthy for the uptrend.
Owhooooo!
Nota
Nota
Just doing drawrings...
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.