BitcoinAlış
Bitcoin: First target at $10,480
The correction we've been waiting for has been delayed and we've seen a breakout from the triangle.
Bitcoin was consolidating within the triangle for quite a long time, accumulating sufficient impulse to reach higher levels before the correction happens.
Short-term outlook:
The triangle breakout pattern suggests us the first target to be at $10,480.
Mid-term outlook:
I still believe, there is a need to refuel to break $11,700 level. Also, many professional traders are waiting for a healthy correction to see if the cryptomarket is in strong hands now that won't panic sell everything with a first sign of significant correction.
Explanation:
If for some reason $11,700 is not broken and the bulls fail to pass it once again and the correction starts near that level, we'll see a new dip below 6K.
Don't forget to press Like if you agree with the above.
Bitcoin was consolidating within the triangle for quite a long time, accumulating sufficient impulse to reach higher levels before the correction happens.
Short-term outlook:
The triangle breakout pattern suggests us the first target to be at $10,480.
Mid-term outlook:
I still believe, there is a need to refuel to break $11,700 level. Also, many professional traders are waiting for a healthy correction to see if the cryptomarket is in strong hands now that won't panic sell everything with a first sign of significant correction.
Explanation:
If for some reason $11,700 is not broken and the bulls fail to pass it once again and the correction starts near that level, we'll see a new dip below 6K.
Don't forget to press Like if you agree with the above.
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.