BITCOIN MUST CLOSE DAILY ABOVE 10686. IF YES THEN WE ARE FLYING!
Hello all,
Everything becomes more clear in my opinion. Today we need to close above 10686.
If we manage to do this i see small consolidation and some retests of this support area
before to head up to 11100 - 11200 where is the next important resistance.
Bitcoin seems that it respect the uptrend channel we started from April 2020.
If we close above 10686 today, we can easily target 13500 based and on Eliot waves theory.
A break of channel upside, it signals a bull run. A break of channel downside we need to look two prices... 9162 - 9325 or 7300 - 7400
In my opinion the potential inverse head and shoulders which it can completes at 13500 area, is a reason makes me to believe that
bitcoin will finally manage to break upside this channel and to reach all times high.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Everything becomes more clear in my opinion. Today we need to close above 10686.
If we manage to do this i see small consolidation and some retests of this support area
before to head up to 11100 - 11200 where is the next important resistance.
Bitcoin seems that it respect the uptrend channel we started from April 2020.
If we close above 10686 today, we can easily target 13500 based and on Eliot waves theory.
A break of channel upside, it signals a bull run. A break of channel downside we need to look two prices... 9162 - 9325 or 7300 - 7400
In my opinion the potential inverse head and shoulders which it can completes at 13500 area, is a reason makes me to believe that
bitcoin will finally manage to break upside this channel and to reach all times high.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Trade closed: target reached