Long time don´t share my ideas. Let´s come back with BTC...
BTC is continue in a BIG Down Trend, and there´s another downtrend that the price broke.
If we put a fibo from low to high we can see a clear 78.6% correction and also is forming a Head and Shoulders pattern, this could create an bull run to the 11800 as a first target and then 14000.
Also, we could expect 1 more movement to the downside to form a double bottom near 6000 dollars, but maybe we can see a nice bullish movement to the upside due to the general crisis cause by the Covid 19.
Let´s see how the crisis react on the price. But I will BUY AND HOLD!!
BTC is continue in a BIG Down Trend, and there´s another downtrend that the price broke.
If we put a fibo from low to high we can see a clear 78.6% correction and also is forming a Head and Shoulders pattern, this could create an bull run to the 11800 as a first target and then 14000.
Also, we could expect 1 more movement to the downside to form a double bottom near 6000 dollars, but maybe we can see a nice bullish movement to the upside due to the general crisis cause by the Covid 19.
Let´s see how the crisis react on the price. But I will BUY AND HOLD!!
Nota
As I mentioned yesterday, it happens very quick.. We are in the range of $5800 and $6000. Also, we adjust the trend line and we can see a brake and retest on $6000. I am not expecting more downside move.
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.