Bitcoin

BTC - Bottom Forming - final weeks at of $30k to $40k

197
Now the structure is more apparent (disappointed with the limited low a few days ago though) I estimate we've still got another 2 weeks in this $35k to $40k ADAM region.

I'm still convinced we will see a large Adam and Eve structure play out at this bottom - this is turning out to be at a bigger scale than my previous expectations. From historical observations BTC will typically continue to retest support and shake off the sellers before a move up to test resistance at the $50k - $40k range - this should offer further excellent 20% trading opportunities.

-- The immediate structure should offer one last shakeout around the 23rd July which will take a few days to resolve itself - Support at $35 will be my final major long entry target for the year on BTC for next wave up and should offer further ALT entries.

Best, Hard Forky

Retest of Support - I won't discount a $20k target but it was always an obvious trap.
BTC - potential retest of support

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.