D4NN1_0C34N

Bitcoin on its way towards $6400 but 3 possible paths to take

BITFINEX:BTCUSD   Bitcoin
I just typed a detailed explanation and all vanished, so I'm sorry for this short explanation.


1. If we break 5800 straight away, we will go straight to 6400.

2. Getting pushed back by resistance would us lead to 5300-5400 trendline to form a head and shoulders that fuels our rocket.

3. Red friday ahead?
Would allow to clear stoch RSI and hit older trendline.
Comparable to the move from 4400 to about 3600 to 4960 all time high a few weeks back.

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.