Bitcoin is slowly forming Cup and Handle pattern. Now begins a bullish cycle again (maybe we also will see some drop in few days to 6900-7020 lvl), so there are 3 ways to grow in this month. The most possible event is triangle continuation by yellow wave A-B and impulse after breaking of it. It's also possible to see retrace from purple wave (B) to 10564 lvl and back again to wave (D), but it's unlikely to happened.
Note
Going to first resistance 8100, oriented date - end of 04.06.2018-05.06.2018Note
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.
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.