Hey, folks. BTC seems to be repeating a recent pattern that should take it to around $58,000 by the middle of next week.
The first iteration of this pattern (left) saw BTC rise to $38,000 (left orange line). This level became resistance (left red dots) at first. BTC then punched through this line up to $41,000 (left green line). It then retested $38,000, which became support (left green dots). When BTC met the rising trend line (left blue line), it then shot up $10,000 to $48,000.
The pattern seems to be repeating again. This time, $48,000 is the resistance level (right red dots). Soon, BTC should punch through this level up to around $51,000 (right green line). It should then retest $48,000, which should become support (right green dot). When BTC meets the rising trend line (right blue line), it should shoot up another $10,000 to $58,000 (or more).
The next big move up should happen by around the 17th. Enjoy!
The first iteration of this pattern (left) saw BTC rise to $38,000 (left orange line). This level became resistance (left red dots) at first. BTC then punched through this line up to $41,000 (left green line). It then retested $38,000, which became support (left green dots). When BTC met the rising trend line (left blue line), it then shot up $10,000 to $48,000.
The pattern seems to be repeating again. This time, $48,000 is the resistance level (right red dots). Soon, BTC should punch through this level up to around $51,000 (right green line). It should then retest $48,000, which should become support (right green dot). When BTC meets the rising trend line (right blue line), it should shoot up another $10,000 to $58,000 (or more).
The next big move up should happen by around the 17th. Enjoy!
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.