One of my last publications was a bearish continuation Descending Triangle, shown in red, whose $ 6,000 target has still not been reached.
Target at $ 6000 which is confirmed in my opinion by the appearance in the meantime of a Falling Wedge shown in blue on my graph.
But the main information is that the year 2020 seems to me to be the year of a new bullrun for Bitcoin, which would start with the bullish breakout of the current Falling Wedge with target its height: $ 14,000! Then eventually the confirmation of a Cup & Handle, drawn gold color, by fetching again the $ 20K ATH followed by the target of this cup: $ 20k + ($ 20k - $ 3k) = $ 37k by July 2020!
All this is of course only a view of the mind that could be summarized as:
pessimistic (or neutral = range) for the end of 2019 and very optimistic for 2020!
DISCLAIMER: This is not an investment advice.
Invest only what you can afford to lose.
Target at $ 6000 which is confirmed in my opinion by the appearance in the meantime of a Falling Wedge shown in blue on my graph.
But the main information is that the year 2020 seems to me to be the year of a new bullrun for Bitcoin, which would start with the bullish breakout of the current Falling Wedge with target its height: $ 14,000! Then eventually the confirmation of a Cup & Handle, drawn gold color, by fetching again the $ 20K ATH followed by the target of this cup: $ 20k + ($ 20k - $ 3k) = $ 37k by July 2020!
All this is of course only a view of the mind that could be summarized as:
pessimistic (or neutral = range) for the end of 2019 and very optimistic for 2020!
DISCLAIMER: This is not an investment advice.
Invest only what you can afford to lose.
Not
Additional informations to this technical analysis:MA 200, Bearish Parallel Channel (= Bullish Flag), RSI 14
İşlem kapandı: hedefe ulaştı
Just, wow.
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.