BTC Bear Flag, Reistance and Triangle consolidation formation
Telah dikemas kini
Bear flag formed and triangle pattern formed on bitcoin. Took a short entry at the blue line and placed a protective stop at the red line. Price consolidation is becoming tighter and tighter as he hours go by. Either BTC will explode up or down with my analysis showing more of a bearish sentiment. Target will be at the 9650 area; a 1,750% return on my initial trade investment.
Komen
Correction: I meant to say Bear Pennant not bear flag.Komen
Correction on the price target. Should be $6950 and not $9560. Thanks joshclouds for notifying me.Komen
Trade has reached a 700% ROI and stop market loss moved to a little under breakeven. I've decided to take about 1/3 of my position size off as well.Komen
BTC arriving into larger time support at the moment. Moving stop down to 7468 to secure more profits.Komen
Stop loss moved to $7309.
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.