Bitcoin and the CrytoMarkets. Pivot Points and Market Direction
After weeks of continuous indecision and rolling between bullish and bearish perspectives over and over, the time has come for a decision point to be made within the crypto markets. The direction the market takes this week will influence the current year.
I am still very undecided over where this is heading.\u2028\u2028The chart is self-explanatory wether the current downtrend will be over or not considering the breakout of the pivot line (orange). If the pivot line is not broken, I expect a downfall of the market to levels close to 4300 USD and the creation of a similar Harmonic Pattern as the one shown in the graph. If it does manage to break up, I expect price to reach the first target around 13900 USD. Second target around 16500.
I am still very undecided over where this is heading.\u2028\u2028The chart is self-explanatory wether the current downtrend will be over or not considering the breakout of the pivot line (orange). If the pivot line is not broken, I expect a downfall of the market to levels close to 4300 USD and the creation of a similar Harmonic Pattern as the one shown in the graph. If it does manage to break up, I expect price to reach the first target around 13900 USD. Second target around 16500.
Follow the journey of BTC & ZEC:
Art & Coins Feed
t.me/ArtCoinsFeed
Art & Coins Feed
t.me/ArtCoinsFeed
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.