Hello everyone, I hope everyone doing well..
I want to provide some update about
BTCUSD
I pointed to 30k in my previous analysis. I will add it to the comments. (We partially achieved this target with 31k)
After the fake triangle breakout on June 3, we broke the triangle downside. (5-7 June)
We broke the upper line of this triangle again today. We're waiting to see if this is fake or real.
Right now we have 2 options. I indicated this with arrows.
If the upward movement continues, our initial target is 41k, also the 200-day moving average.
You can also look at my mid-term and long-term target.
I want to provide some update about
BTCUSDI pointed to 30k in my previous analysis. I will add it to the comments. (We partially achieved this target with 31k)
After the fake triangle breakout on June 3, we broke the triangle downside. (5-7 June)
We broke the upper line of this triangle again today. We're waiting to see if this is fake or real.
Right now we have 2 options. I indicated this with arrows.
If the upward movement continues, our initial target is 41k, also the 200-day moving average.
You can also look at my mid-term and long-term target.
Note
We've hit green arrow's 1st target which is $41.2k, waiting for the 2nd target 42-43kTrade closed: target reached
#Bitcoin has partially reached its target, which I have indicated by the red arrow.
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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.