We've seen this pattern before... Bitcoin had a strong drop after EMA50 had a bearish cross with EMA300, then the BTCUSD chart produced the "3 Heads Pattern" which can lead to a very strong increase in prices... Let's take a closer look.
When we saw this pattern back in June/July 2018, Bitcoin prices went from a low of $5755 to a high of $8506, a 48% jump.
Right now the low was set at $6477 and if the same sequence is completed as it happened before, Bitcoin can easily move to $8,800 or all the way to $9,284...
What's your take?
Do you believe this is what will happen next?
Share your thoughts and charts with us in the comments section below.
Thanks a lot for reading.
Happy 2020. :)
Namaste.
- On the left side of the chart, we can see the sequence completed.
- To our right, only the final jump chasing MA200 is left.
When we saw this pattern back in June/July 2018, Bitcoin prices went from a low of $5755 to a high of $8506, a 48% jump.
Right now the low was set at $6477 and if the same sequence is completed as it happened before, Bitcoin can easily move to $8,800 or all the way to $9,284...
What's your take?
Do you believe this is what will happen next?
Share your thoughts and charts with us in the comments section below.
Thanks a lot for reading.
Happy 2020. :)
Namaste.
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💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
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.