Turkish Lira and Japanese Yen dropped a lot recently, and I think a reversal could occur - at least for a short time. Keep an eye out for breakout confirmation in the next few days.
Possible opportunity to short VOD stock.
Looks like a possible opportunity to short this currency pair in the near future, so look out for confirmation.
This looks like a great stock to trade. Anyone know what exchanges it is on please?
How long can this ascending wedge continue for?
For around 12th October hitting prices above $8,800 USD. This is based on the new wicks that broke the previous pattern slightly.
It looks like the price is in a falling wedge type of pattern right now, and the breakout could go to the upside giving bitcoin huge potential for approaching $10,000 USD again. Let me know what you think in the comments, like the idea if you agree, and follow me for more price predictions in the future!
If we see a repeat of the short squeeze that happened last time, the bitcoin price could skyrocket to around $9,500 in the coming days.
If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks. This is a worst case scenario in my opinion. It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.
Lets see in the next day or two if higher highs are tested.
Shorts are at a high level right now, and what normally follows is an increase in bitcoin price.
This could be the sign of a bullish reversal.
RSI is currently very oversold on the 4 hour chart. It looks like bitcoin has reached the bottom and a new bull run may be possible over the coming days.
A little bit of correction followed by another pump?
I just wanted to put this idea out there. Who knows what the future could be for bitcoin. This is a projection of the previous long term lows and highs and the wave continuation.