- for more than a year now "price" has been stuck in a giant range (yellow boxes)
- with the latest development (being a breakdown from an ascending broadening wedge) it is likely this "asset" trades back to range lows which should result in overall crypto upside
- if hit, I expect range lows will offer temporary support (implying the crypto market stalls and goes down into a corrective period)
- that said, once/if that USDT. D support breaks, the entire crypto market is going to absolutely explode to the upside and at that point I would expect for Bitcoin to put in its cycle top (likely around October, November period)
- with the latest development (being a breakdown from an ascending broadening wedge) it is likely this "asset" trades back to range lows which should result in overall crypto upside
- if hit, I expect range lows will offer temporary support (implying the crypto market stalls and goes down into a corrective period)
- that said, once/if that USDT. D support breaks, the entire crypto market is going to absolutely explode to the upside and at that point I would expect for Bitcoin to put in its cycle top (likely around October, November period)
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.