It happened as predicted. Case Study Bitcoin.
Bitcoin as predicted, after making the triangle wedge, has been breakout from the significant support/resistance line.
Triangle Wedge.
At the triangle wedge, we could see that it had made sideway micro-movement with higher low position and almost horizontal resistance. From Dow Theory, it had compliance Bullish side of movement. After breakout the resistance $8974, the price move higher.
Now Bitcoin price had skyrocket and in progress to reach $11,740. It is its previous major resistance line.
Cheers.
Triangle Wedge.
At the triangle wedge, we could see that it had made sideway micro-movement with higher low position and almost horizontal resistance. From Dow Theory, it had compliance Bullish side of movement. After breakout the resistance $8974, the price move higher.
Now Bitcoin price had skyrocket and in progress to reach $11,740. It is its previous major resistance line.
Cheers.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.