Bitcoin 1 Day Chart + term prediction
BTCUSD
Bitcoin might decide to breakout this Symmetrical Triangle in June
Closer look:
Bitcoin has formed big Falling Wedge which it has broke out from
Measured move of that breakout is 9200 level.
Therefore we have a very big chance to breakout of the Symmetrical Triangle, the orange one showed in this picture above.
Also a rising wedge forming on the 4 hr chart
Breakout scenario of Rising Wedge
We should then move up to : $ 8250 - $ 8300
Estimated Duration: 04 June - 11 June 2018
I will keep you guys updated
BTCUSD
Bitcoin might decide to breakout this Symmetrical Triangle in June
Closer look:
Bitcoin has formed big Falling Wedge which it has broke out from
Measured move of that breakout is 9200 level.
Therefore we have a very big chance to breakout of the Symmetrical Triangle, the orange one showed in this picture above.
Also a rising wedge forming on the 4 hr chart
Breakout scenario of Rising Wedge
We should then move up to : $ 8250 - $ 8300
Estimated Duration: 04 June - 11 June 2018
I will keep you guys updated
Trade active:
We are now in a upwards channel
Waiting what will happen upcomming days
We are now in a upwards channel
Waiting what will happen upcomming days