Most likely one is the red scenario where we hit 14k if we don't get any positive news.
After that is the yellow scenario where the price consalitates between given lines
Least likely is the green one where we hit back to 21k mark.
Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
All the lines drawn are meaningful
You can expect the line where the candle is going up or down to be targeted
Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
This is a trend line that can refer to how far it can go if it goes down
Bitcoin is at its major trendline support.... After trapping all the buyer's Stoplosses, Bitcoin can take a support on this trendline and give a pullback towards 40K price range... (Or continue an upwards rally if possible)
I will wait for a daily candle to give me a bullish signal to initiate a long trade....
If you like my idea, please support it and follow...
First bitcoin make a rising wedge Now bitcoin is making a falling wedge which happens to be a bullish pattern....If it breaks the up side then its target will be $46900
