BTC is moving sideways in a Symmetrical Triangle pattern and I think it will break out after the Halving day.
And below is the direction I think it will follow :
- Current price : 8800$
- Move down to 8300$ (May 03-04)
- Move up to 9400-9500$ (May 07-08)
- Move down to 8500$ (May 09-10)
- Move up and break out to 10400-10500$ (May 18-19)
Sideways situation is the best opportunity for Altcoin moves
And below is the direction I think it will follow :
- Current price : 8800$
- Move down to 8300$ (May 03-04)
- Move up to 9400-9500$ (May 07-08)
- Move down to 8500$ (May 09-10)
- Move up and break out to 10400-10500$ (May 18-19)
Sideways situation is the best opportunity for Altcoin moves
Note
- Move down to 8300$ (May 03-04) => Done : 8500$- Move up to 9400-9500$ (May 07-08) => Moving Up
- Move down to 8500$ (May 09-10)
- Move up and break out to 10400-10500$ (May 18-19)
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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.