BTCUSD - Bulls taking back control for a while
So, bulls have manged to take control and make a stand, but it´s a long way to go back to a steady up-trend.
Analysis:
- Long-term down-trend resistance has been broken (good sign).
- Falling wedge reversal pattern confirmed, so we can expect its target (11-12k approx.) at least.
- As for medium-term, we need to step back to 2014 and see that a broken long-term resistance isn't victory. The target (if reached) will be a good moment to review T.A.
- Waves analysis indicates a 5 impulse almost ending, so we can expect some pullback.
Good luck to all!
Analysis:
- Long-term down-trend resistance has been broken (good sign).
- Falling wedge reversal pattern confirmed, so we can expect its target (11-12k approx.) at least.
- As for medium-term, we need to step back to 2014 and see that a broken long-term resistance isn't victory. The target (if reached) will be a good moment to review T.A.
- Waves analysis indicates a 5 impulse almost ending, so we can expect some pullback.
Good luck to all!
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.