BitcoinAlış
2-day Forecast
Throughout the past week we've repeatedly seen the same pattern here:
Market trending upward on low or medium volume for 12-24 hours straight, more or less parallel to the larger trend, then at some point acceleration of the trend, followed by only moderate profit taking, which still resulted in 10-15% corrections due to thin order books on the bid side.
After 12-24 hours of consolidation the upward trend resumed.
Should this pattern continue, we might see another consolidation around the 197$ / 1200 CNY level, followed by a new uptrend on wednesday, with a new peak on thursday (my guesstimate: ~224$).
But watch out: should the trendline connecting the higher lows clearly be violated (say a close on the hourly ~3% below it) we might be in for a longer correction, pontentially all the way down to the upper 170s area.
Market trending upward on low or medium volume for 12-24 hours straight, more or less parallel to the larger trend, then at some point acceleration of the trend, followed by only moderate profit taking, which still resulted in 10-15% corrections due to thin order books on the bid side.
After 12-24 hours of consolidation the upward trend resumed.
Should this pattern continue, we might see another consolidation around the 197$ / 1200 CNY level, followed by a new uptrend on wednesday, with a new peak on thursday (my guesstimate: ~224$).
But watch out: should the trendline connecting the higher lows clearly be violated (say a close on the hourly ~3% below it) we might be in for a longer correction, pontentially all the way down to the upper 170s area.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.