This Parallel Channel is being formed for about 152 Days
so far and if we manage to break to the upside it would
be great because this channel is actually a bull flag.
If we fail to break the upper resistance trend line it will
retest the support trend line again and maybe it will break
it, starting a selloff causing the price reach possibly $3,000 again.
If we manage to break it to the upside, the first target would
be to shoot for $10,000
so far and if we manage to break to the upside it would
be great because this channel is actually a bull flag.
If we fail to break the upper resistance trend line it will
retest the support trend line again and maybe it will break
it, starting a selloff causing the price reach possibly $3,000 again.
If we manage to break it to the upside, the first target would
be to shoot for $10,000
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.