hollowbe

BTC Analysis

BITSTAMP:BTCUSD   Bitcoin
Context:
Purple (all shades): Overall trends.
Red: Areas of resistance.
Green: Profound support.

Recently $btc has broken out of a crucial descending channel/wedge. This can serve as part of my bullish notion mid to long term, alongside the crossing daily lines (yellow & blue). The coin still has another trend to break out of / test (symmetrical flag, purple). If/when that happens, my sentiment increases. I'm expecting it to reach some stagnation around 42K and 52K. By this time, I expect altcoins like $ZIL to trade around 11 cents and $XRP to trade around 1 dollar.

Current trading week still has a few days left to cover, so nothing too significant worth noting at the current moment.
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.