BTC hit bottom of channel at 10,488 which provided great support. Looks to continue upwards now to previous targets of 12,927 and 17,146 via the slower moving upward trending GREEN CHANNEL
Because this occurred more rapidly than expected, I the probability of hitting my earlier predicted BUY TARGET of $9,800 becomes less likely. I chose to buy here instead.
Best of luck traders!!!
Because this occurred more rapidly than expected, I the probability of hitting my earlier predicted BUY TARGET of $9,800 becomes less likely. I chose to buy here instead.
Best of luck traders!!!
Note
$9800 was nearly touched yesterday. Looks like we're forming a bear flag now. Be prepared to touch our daily 200ma at @$9000.
Stewdamus Trades -
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Related publications
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.