lombardodeameliano
Long

Bitcoin will test 4500$ next month

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin was in this range in Aug 2017 till sep 2017 and we are back there again... i believe it is going to be the next strong support in the years to come. so since we will be in this range for couple of month i believe we are gonna test the resistance in the last week of Feb or first week of march.

First thing there was a failed H&S which it seems there is going to be another H&S forming... and in this case i think it will breakout to 4500$

it will test the resistance... bull trap at 4700$ and a bear run to 3500$
bear trap at 3200$ and bull run to 4500$ again.

i believe that is the play for the next 3 to 4 month... what do you think?

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out