Here we are looking at BTCUSD on the Daily TF…
I would like to offer a brief update on the chart structure of BTC currently, as it has come a long way since last weeks analysis.
At the time of my initial post, BTC was still trading within the parallel up sloping channel. Since then, it has broken down (as predicted). Currently, BTC is re-testing the previous structure as resistance.
IF bitcoin is unable to get back within that trading structure, it is my belief (as stated last week) that BTC will head to its breakdown target of about $18,000…
What do you think BTC will do next? Let me know in the comments!
Cheers!!
I would like to offer a brief update on the chart structure of BTC currently, as it has come a long way since last weeks analysis.
At the time of my initial post, BTC was still trading within the parallel up sloping channel. Since then, it has broken down (as predicted). Currently, BTC is re-testing the previous structure as resistance.
IF bitcoin is unable to get back within that trading structure, it is my belief (as stated last week) that BTC will head to its breakdown target of about $18,000…
What do you think BTC will do next? Let me know in the comments!
Cheers!!
To see my exact trades:
Stocks: inthemoneystocks.com/verified-investing-alerts/
Crypto: verifiedinvesting.com/
Stocks: inthemoneystocks.com/verified-investing-alerts/
Crypto: verifiedinvesting.com/
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.
To see my exact trades:
Stocks: inthemoneystocks.com/verified-investing-alerts/
Crypto: verifiedinvesting.com/
Stocks: inthemoneystocks.com/verified-investing-alerts/
Crypto: verifiedinvesting.com/
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.