I expect to see another leg upwards, on BTC/USD, simply because it is in an obvious bullflag, again.
Breakout should occur, after bouncing from cross of trendline and the lower support line of the bullflag. Around the lower 8,4k region, in the morning of oct. 11th (central european time).
Target: 9k.+
Breakout should occur, after bouncing from cross of trendline and the lower support line of the bullflag. Around the lower 8,4k region, in the morning of oct. 11th (central european time).
Target: 9k.+
Note
At the moment, it looks like price is going to retest the 200 MA daily.I expect it to fall off and afterwards going to the bottom of the flag.
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Related publications
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.