Bitcoin Parabolic Channel Long

Bitcoin / United States DollarCoinbase

Description

⋅ Dec 7, 2017 12:00 AM

No indicators needed; this channel is truly all you need to trade Bitcoin profitably (in my opinion); It has been respecting this channel since 2015. Shows a 33K top on 1/31/18.

Comment

⋅ Dec 7, 2017 12:02 AM

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Currently reaching its resistance around 14K, so I'm expecting a move to support soon. But dont forget to buy while its down there -- it certainly won't last for long : )

Comment

⋅ Dec 12, 2017 6:42 PM

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BTC has invalidated many rising wedges. Expect this one to break up to 20k +

Trade active

⋅ Dec 15, 2017 10:03 PM

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Comment

⋅ Dec 22, 2017 7:04 PM

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no need to panic. go long if havent already

Trend Analysis Chart Patterns Bitcoin (Cryptocurrency)bitcoinforecast bitcoinprice BTCUSD BTCUSDT btclong

Comments

AleksDuni

⋅ Dec 7, 2017 12:10 AM

i think it will go way past that 33k mark, you will just have to adjust it as chart progresses

grsatt

⋅ Dec 7, 2017 12:17 AM

@AleksDuni, past 33k on this top? i do agree long-term, but i dont think it will by the end of january