I don't know if this is will come to fruition or not, however as I see it, there are two possible developments. 1. We are effectively out of bear market. 2. Continuation of bearish channel after denial of breaking 32-33k Not financial advice and would like your comments below. Thank you
As far as I am seeing BTC has breakout from triangle formation and is now doing retest of this. If this holds, BTC correction would be between 42-44k USD and with some range trading would move to new ATH. As I am relatively novice regarding analysis, would be thankful for any input if this holds water or not.
Quite possibly a huge correction to previous strong support around 17k, from where it should move above 100k. Previous LL was in March 2020 where BTC dropped to around 4k USD and ATH of this cycle was around 64k. That is increase in price of 16x. After this correction and accumulation, price could increase to new ATH of 17x12 = 204k (diminishing returns of each...
Just and idea. On 4H timeframe IOST has entered falling channel and has established HH and has bounced of the LH. Buy price 58-59 sat, sell price 104 sat. Not financial advice.
Possible targets in near to mid term. High daily volume and RSI indicate that there is lot of room for price increase. Buy at present price around 78-82 sat. SL 72 sat. Not financial advice.
Target sell 36300 SAT