BTCUSD 1month target max 5600$
BTC 1 month down and 1 month recovery idea.
There has been a sharp upward trend for one week already.
(STRICT) STOP LOSS=3800~3900$ (daily close)
LONG idea TARGET=5600$ (with follow-through, 6000$ possible)
FINAL TARGET=3000$ in two month.
This idea was inspired by the Japanese market NIKKEI 225 bubble.
There has been a sharp upward trend for one week already.
(STRICT) STOP LOSS=3800~3900$ (daily close)
LONG idea TARGET=5600$ (with follow-through, 6000$ possible)
FINAL TARGET=3000$ in two month.
This idea was inspired by the Japanese market NIKKEI 225 bubble.
Note
Upmove takes 5 month, not 1 month. I was wrong.
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Related publications
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.