UP OR DOWN? BIG MOVE COMING UP FOR BITCOIN - BTC DISTRICT
Hello everyone,
Bitcoin has formed a huge ascending triangle in the last 3 weeks. Get ready for a big move.
Option 1 - BULL RUN - Wait for a breakout to the UPSIDE when we cross that thick black line and 61,8 FIB channel retracement. Targets are 4.4k and 4.9k.
Option 2 - BULLS ABANDON - If the price starts going down below 3,850$ and volume increases, bulls will abandon and sell orders should poor in. Our targets will be 3.6k and 3.2k.
Keep an eye on the VOLUME at all times.
Cheers!
Bitcoin has formed a huge ascending triangle in the last 3 weeks. Get ready for a big move.
Option 1 - BULL RUN - Wait for a breakout to the UPSIDE when we cross that thick black line and 61,8 FIB channel retracement. Targets are 4.4k and 4.9k.
Option 2 - BULLS ABANDON - If the price starts going down below 3,850$ and volume increases, bulls will abandon and sell orders should poor in. Our targets will be 3.6k and 3.2k.
Keep an eye on the VOLUME at all times.
Cheers!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.