BTC/USD has been in a range for quite a long time, finding its support at the range of $48k.
I think it is about to bounce back up to complete right shoulder of possible Head and shoulders pattern.
I expect it to go down once again to take all stop losses of long traders and then bounce up to $53,500 - $56500 range to complete 'M' pattern and then collapse down below neck support, approximately to $35k or even below.
I don't believe it has enough momentum to break $60k without long term correction.
I link my other long term BTC/USD idea so you may take a look.
Please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
I think it is about to bounce back up to complete right shoulder of possible Head and shoulders pattern.
I expect it to go down once again to take all stop losses of long traders and then bounce up to $53,500 - $56500 range to complete 'M' pattern and then collapse down below neck support, approximately to $35k or even below.
I don't believe it has enough momentum to break $60k without long term correction.
I link my other long term BTC/USD idea so you may take a look.
Please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
İlgili yayınlar
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.
İlgili yayınlar
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.