Possible bitcoin boom
Updated
ok so heres my thoughts on bitcoin right now. I see a possible 30% gain opportunity incoming here in the next few days or week maybe. Bitcoin is very tough to call right now and a lot of people are coming up with all kinds of crazy calls ranging from 3k to 1 million so im just going to give my analysis of the situation and see what you think while I keep an eye on it myself so this is definitely not a buy/sell call but maybe something for you to think about. Here we go... I see a descending triangle inside of a falling wedge which looks like we will see another small downtrend to about 6488 then we will be looking for a close outside of the channel range which will then put 8600 as my target range before correcting again. If this plays out its a 31% gain with a stop loss set tight under current support at 6100 in case this pattern doesnt hold.
I want to thank you for viewing and especially for any thumbs up and/or comments that you leave. Remember this is not financial advice as im just giving my take on what i see here and how im playing it.
I want to thank you for viewing and especially for any thumbs up and/or comments that you leave. Remember this is not financial advice as im just giving my take on what i see here and how im playing it.
Trade closed: target reached
hit the target zone pefectly on this one and am looking for next entry point
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