Here the current bull trap ended. New target is 7000 USD
No breakdown at 7000 -> target up. Vice versa -> target : 4500 (First scenario)
No breakdown at 4500 -> target = possible bull run till 40k - 50k - (If breaks the flag upwards). (Second scenario)
Breakdown the flag downwards at 4500 -> Game Over.
Entry zone : 4500 - 7000 dollars. (Time Limit -> Before 2021)
Target zone : 40k - 50k USD. (Time Limit -> Before 2023)
Stop : 3500 USD.
Time limit: Long-term.
This is not an investment advice. Do your own research and take your own risks.
No breakdown at 7000 -> target up. Vice versa -> target : 4500 (First scenario)
No breakdown at 4500 -> target = possible bull run till 40k - 50k - (If breaks the flag upwards). (Second scenario)
Breakdown the flag downwards at 4500 -> Game Over.
Entry zone : 4500 - 7000 dollars. (Time Limit -> Before 2021)
Target zone : 40k - 50k USD. (Time Limit -> Before 2023)
Stop : 3500 USD.
Time limit: Long-term.
This is not an investment advice. Do your own research and take your own risks.
Trade active:
I think its time to say; 1st scenario is active without any dump. Also looks like a pull-back to 9k-10k is possible
Trade closed: target reached:
First scenario happened. Now it's time to draw new charts