Greetings fellow traders!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
Short-Term:
Hopefully a bull flag is currently forming. Chance is pretty big though.
Mid-Term:
Actually, we want to see BTC price retest support at 32.7K USD region. Once this happens the short term patterns will merge into a symmetrical triangle and in this case a bullish pennant. Which has a high probability of breaking out to the up side. Approximate break out target: 50K USD.
Long-Term:
Still bullish and waiting for the long term pattern to emerge. Current approximate target 2021: 250K USD.
If you have any questions, do not hesitate to leave a comment.
Good luck, be careful and may the trend gods be with you!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
Short-Term:
Hopefully a bull flag is currently forming. Chance is pretty big though.
Mid-Term:
Actually, we want to see BTC price retest support at 32.7K USD region. Once this happens the short term patterns will merge into a symmetrical triangle and in this case a bullish pennant. Which has a high probability of breaking out to the up side. Approximate break out target: 50K USD.
Long-Term:
Still bullish and waiting for the long term pattern to emerge. Current approximate target 2021: 250K USD.
If you have any questions, do not hesitate to leave a comment.
Good luck, be careful and may the trend gods be with you!
