BTC's classic Iguana formation. new ATH's in next 36 hours.
Updated
BTC's classic Iguana formation shows that 18,8k by February is within reach.
Expect a very small daily correction today or tomorrow. We are on a TD 8 today and will be on a 9 tomorrow.
Weekly,
One more week of upside, then a 1 to 4-day correction. Then we go higher to new ATH's
Expect a very small daily correction today or tomorrow. We are on a TD 8 today and will be on a 9 tomorrow.
Weekly,
One more week of upside, then a 1 to 4-day correction. Then we go higher to new ATH's
Trade active
Looks like the Iguana buy signal was on point.Note
Note
12 hours agoBTC Holding above the 200MA on the daily is a good sign of a reversal in market sentiment. This is signaling rebound.
Additionally, BTC has started a 9-day setup on the green one candle after breaking out of an ascending triangle pattern.
Happy trading.
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.