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Des. Wedge in a down channel, with a possible...
Bitcoin
Long
Des. Wedge in a down channel, with a possible...
By Ajion
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May 7, 2018
3
May 7, 2018
Asymmetrical or ascending triangle forming here, for a potential break out.
9k has to hold, because when we enter the summer we need to be above 10k.
Otherwise, we head to 8.4k but then, what is $600 dollars really, for a BTC, nothing.
Thus the number of buyers before we get to 8.4k will be huge, so weak hands will be shaken off and we will try 10 k again.
Time is always on the side of crypto, as we all continue to mature the market.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
Chart Patterns
Trend Analysis
Wave Analysis
Ajion
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Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
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