My guesses are the following, +- a few days and a few hundred dollars.
main target : Dec 1st ~8800
Nov 1st : ~7000
In short, the duration between the rises of the cycles(without corrections) have been 48-50 days or 78 days, alternating.
RSI shows multiple peaks suggesting that we are probably not done yet and might see those next 2 targets in the months to come.
Based on the time period, I am suggesting we finish at the top of the channel at one of those time periods.
Opinions are appreciated.
main target : Dec 1st ~8800
Nov 1st : ~7000
In short, the duration between the rises of the cycles(without corrections) have been 48-50 days or 78 days, alternating.
RSI shows multiple peaks suggesting that we are probably not done yet and might see those next 2 targets in the months to come.
Based on the time period, I am suggesting we finish at the top of the channel at one of those time periods.
Opinions are appreciated.
Note
6942 XBTUSD today.Note
My main target is coming up. dec 1st 8800.However after that target is made, we could be in for some turbulence.
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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.