Here we have a descending triangle which tends to break to the downside. However, a convincing break and close of the very strong $4000 resistance is needed to see $3000.
In the case that we instead break the resistance line, the target should be the height of the triangle ($1000) from the break of the line which would be a target of $5000 minimum.
Please share your thoughts in the comments below. Thanks for reading.
In the case that we instead break the resistance line, the target should be the height of the triangle ($1000) from the break of the line which would be a target of $5000 minimum.
Please share your thoughts in the comments below. Thanks for reading.
Comment:
Perhaps this is out moment of truth.
Comment:
I think were going to test the support soon.
Comment:
Very happy with this trade so far (+25% if you followed my very first idea until now)!
Keep an eye out tomorrow guys: twitter.com/SatoshiL...s/908375715279597570
Target is 2800-3000 to buy back in.
Keep an eye out tomorrow guys: twitter.com/SatoshiL...s/908375715279597570
Target is 2800-3000 to buy back in.
Trade closed: target reached