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Dude56
Apr 4, 2019 7:07 PM

Bitcoin coming for another wave up to 5700-6000 Long

Bitcoin / United States DollarCoinbase

Description

After correcting from 5300 to 4800 area the chart shows what I am expecting for BItcoin now in a simple and clear way.

I will be waiting for the double bottom to be confirmed and then will consider opening a long position or will just hold my BItcoins and let them ride.

Comment


After breaking above ascending triangle Bitcoin made a classic retest of previous resistance which is now the support. Things are looking very bullish and by classical charting you will get 6000 as the next target but using my methods I am going to observe also 5700-5750 area. Knowing that that's why I have the 5700$-6000$ target.

Comment

Updated chart. Target still same.
Comments
CryptoEngineering
Let's see how it goes!


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