Tin.Foil

Bitcoin Sideways, Monday Rally to $19k

Long
Tin.Foil Updated   
BITFINEX:BTCUSD   Bitcoin
Quick Ichimoku analysis. Looks like we'll see Bitcoin going sideways for a few days before we bounce off the Ichimoku support shoulder, then begin a Monday morning rally to break a new ATH and target $19k.
Trade active:
I believe we'll reach the target tonight, probably within the next 6-8 hours. It appears that Coinbase hit $19.7k last night, so we're just waiting for Bitfinex to catch up.
Comment:
I'm a couple weeks late here.. but I'll blame that on the holidays. Everything went sideways and is starting to catch up properly now. More rallies to come!

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.