Back from vacation, I re-open Tradingview... here's what inspires me the current Bitcoin graph!
First, graph on the left: the bullish breakout validated tonight with a small ascending triangle, target: $ 11500
Secondly, graph on the right: a possible symmetrical triangle of bullish continuation within a big cup of which I often spoke to you, target: 19500 $
DISCLAIMER: This is not an investment advice.
Invest only what you can afford to lose.
First, graph on the left: the bullish breakout validated tonight with a small ascending triangle, target: $ 11500
Secondly, graph on the right: a possible symmetrical triangle of bullish continuation within a big cup of which I often spoke to you, target: 19500 $
DISCLAIMER: This is not an investment advice.
Invest only what you can afford to lose.
Order cancelled
The news on BAKKT has benefited the Bulls helping the last pump of $ 1000, because it will be Bitcoin futures that will be physically settled by real Bitcoin, which can increase the demand on the rise with institutional investors. Unlike the CME Futures, which up to now has been used to settle dollar contracts.But on the technical side, this rise has just collided yesterday with a double bearish signal, recorded by a massive sale on the point of impact of a Rising Wedge and the 200 MA :
Note
Earnings on this short lvl 5 cashed @ $ 9475:This is called adapting to the market!
Note
Rebond validated to perfection on my invitation to Long @ $9475 :
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.