It's quite near textbook Adam and Eve.
Top to valley is 10% +
Small difference between the two tops 3% -
Becomes more likely if BTC breaks below the wedge around $7300
But wait for double top confirmation breaking
$7200 - $7100
Look for $6800 - $6600 price target upon the chance it confirms.
Top to valley is 10% +
Small difference between the two tops 3% -
Becomes more likely if BTC breaks below the wedge around $7300
But wait for double top confirmation breaking
$7200 - $7100
Look for $6800 - $6600 price target upon the chance it confirms.
Trade closed: target reached
Played out perfectly. I think this is a nice bottom and we should trade between here and $8800 come spring 2020.
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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.