ItisCalvin

Break It, Make It, Or Fake It

BITSTAMP:BTCUSD   Bitcoin / Dollar
667 3 6
There has been an ascending triangle pattern that has been forming for days. But this is not a sign of a sure bear or bull movement. Many things will have to happen before it can be called bear/bull movement.

For now it seems to be possible to go either way. There are three scenarios that can play out over the next day. Either we break this triangle in which case testing 470-480 is possible again. We break down to see previous lows around 420. Lastly, we can just start going sideways and range for a few.

IF the BB fail to show breakout in either direction in the next hours sideways just becomes stronger.

Bull target: 479
Bear target: 420 (Make a wish lol)

Extreme Bull: 500
Extreme Bear: 400 - I would tend to think it would go rather quick

Time frame: 4-6 hours otherwise we go sideways until the next breakout
it took a little delay, but ...
Reply
awesome, precise and straightforwardly didactic
Reply
Thanks!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out