Is this the last move upward? before a big cool down?
Summary and potential trade setup
>> BTCUSD Deep Analysis & Targets
After a massive move towards 2017 highs,
Bitcoin has been raging to hit higher targets,
By looking at the trend it seems we still have a move upside,
before hitting the all-time resistance zone.
expecting pullback/correction from 20K,
for a sweet required cool down for the market.
For Longs
TP >> 19 000 USD
For Shorts
TP >> 14 000 USD / 12 000 USD
For buying more should wait and accumulate near 12 000 and 14 000.
For long term traders >>
Possible target for 2021 is 25 0000 - 30 000 USD .
Let me know what do you think?
Cheers,
Happy Trading!
>> BTCUSD Deep Analysis & Targets
After a massive move towards 2017 highs,
Bitcoin has been raging to hit higher targets,
By looking at the trend it seems we still have a move upside,
before hitting the all-time resistance zone.
expecting pullback/correction from 20K,
for a sweet required cool down for the market.
For Longs
TP >> 19 000 USD
For Shorts
TP >> 14 000 USD / 12 000 USD
For buying more should wait and accumulate near 12 000 and 14 000.
For long term traders >>
Possible target for 2021 is 25 0000 - 30 000 USD .
Let me know what do you think?
Cheers,
Happy Trading!
Penafian
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