Actually we have broken the consolidation triangle with increasing volume which marks the beginning of the new up trand.
Accortding to FIB it should touch at least 42k of satoshis.
Moreover it's quite real with all upcoming upgrades of binance (DEX, BNB Blockchain, the progressive adoption)
Actually we have broken the consolidation triangle with increasing volume which marks the beginning of the new up trand.
Accortding to FIB it should touch at least 42k of satoshis.
Moreover it's quite real with all upcoming upgrades of binance (DEX, BNB Blockchain, the progressive adoption)
We can see that the big blue triangle was broken at 6k$. This pattern should lead us to 1812$. Moreover 1812$ will be -90% from ATH and as we know btc is usually corrected on 83-93%.
However in short term we could expect a rebound to 5709-6101$ after which one the price will try again to achieve 1812$
As you can see we have a big angle and actually we're at its bottom, so it's not an investment advice but a simple opinion! :)
Moreover you can see that there is a big volume which went in yestedrday so something great are coming...
As u can see we have the triangle.
I expect formation of the double bottom which will be used as catalyzer in the thraingle's break.
So personnaly I'm finding the risk/reward coefficient quite attractive (1 against 3).
DOYR°
Tomorrow at Los Angeles there will be the demostration of new developpements on blockchain EXPO! So it could help STRAT to break the current resistence level at 5.2$...
