BitcoinLong
BTC LONG LONG LONG
Updated
As we have been following, BTC looks very bullish for the first time since January 6, it has broke up the downtrend line, and it also break the symetrical triangle pattern with 2 very convincing candles. One that puts BTC to test the downtrend line resistance, and another one to confirm the breakout.
Next move is BTC may go upside for the next week to the next resistance at $1.8.
Now it is testing the .236 Fibo, that should not put too much pressure to go upside from there.
We might bee seeing the end of the downtrend here.
We still have to wait for a confirmation upside to see it is not a fail break.
Lets see what BTC have for us from here.
Next move is BTC may go upside for the next week to the next resistance at $1.8.
Now it is testing the .236 Fibo, that should not put too much pressure to go upside from there.
We might bee seeing the end of the downtrend here.
We still have to wait for a confirmation upside to see it is not a fail break.
Lets see what BTC have for us from here.
Note
My mistake, analysis is ok, but the price target is for XRP.We might be seeing BTC testing the
12K resistance and then 13K.Stay tunned
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.