BTCUSD - mid term outlook
Hello all,
Recently BTCUSD has set a new ATH and now it is trading in a correction.
It has already broken out of the rising wedge like pattern and the short term
structural support. If we take a look at the previous structural ATH (Apr 2021)
then we could forecast the possible endpoint of the correction.
Anyways there are 2 possible scenarios which are illustrated on the graph.
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision.
Recently BTCUSD has set a new ATH and now it is trading in a correction.
It has already broken out of the rising wedge like pattern and the short term
structural support. If we take a look at the previous structural ATH (Apr 2021)
then we could forecast the possible endpoint of the correction.
Anyways there are 2 possible scenarios which are illustrated on the graph.
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision.
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.
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.