CapFive

BTC Bearish short term, Bullish Long Term - down to $6k then up!

CapFive Güncellendi   
BITFINEX:BTCUSD   Bitcoin
With BTC breaking it's year long trendline, a new wedge has formed with one - two more touches possibly incoming.
Possible Fiat purchase scenario:
Stagger buys @ $6600, $6300 & $6150, Possible sell off around $8k on 06/07 from previous trend with a retest and buy back around $6k.
Yorum:
All targets reached with the 6150 price closed and bounced.

I feel like this might not be the bottom though and am ready for the wedge to be broken. Stop losses at $6k
Yorum:
Wedge bounce has held, looks like we may have hit the bottom, but im not counting out a dead cat bounce on the daily like it has before
Yorum:
Update: We ducked under the trend line and i noticed it was a little off. this is still valid although it bounced at 5800
Yorum:
Still trucking along inside the wedge... a breakout passed 7800 would see this wedge broken!
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.