To be more precise - my magic balls for the next two weeks... see also the link to my related idea below.
We could have some red days in front of us. First we have a small rising wedge (green lines) with high probability to break down in the next hours or 1-2 days. If the green wedge break down then we have another bigger rising wedge (red lines). If these wegde will break down in 1 or 2 weeks then we have our strong trendline (pink) starting from Jun 10. If this...
at least we have a clear uptrend since 2 year. If this trendline will not break down (...), we could have 0.46$ in two years from now...
In spite of all the euphoria please do not forget the huge gravestone doji on the weekly...
wait for upbreak or downbreak confirmation and afterwards decide what to do (going short or long)
Many people (and me either) are thinking we‘ll have a retracement to 6-8k. But on the other side: if we really want to achieve a new ATH by end of this year and much more in 2020 we have to hurry and have no time for such a retracement. Maybe we have to think completely different - more in a big picture. Perhaps currently we are working on a retest of ATH. Then...
We have a very nice ascending wedge on the daily, marked in yellow, If the wedge plays out (orange curve) then we will achieve the area where the huge H & S get confirmed. Once H & S is confirmed BTC will (free) fall in the area 6.9 / 7.1 or below. I'm curious if this will happen. The only chance for the bulls to escape is to go upwards ... NOW and QUICK
Just an idea - could be a nice rising wedge with a breakout at the weekend. Could go down then.
seems to go down - shortterm and longterm