wescarlson

One bullish scenario to 9595 BTCUSD

BITFINEX:BTCUSD   Bitcoin
I played around with the repeating patterns/fractals. It is a massive guesstimate, but wouldn't that be beautiful?

I tried to keep the timing within the EFT deadlines/news cycles. Will be interesting to follow and see how it pans out :) BTCUSD has shown incredible strength over the last couple days, wouldn't surprise me if it just keeps marching straight to that target!

A healthy retrace would be better and is where I would put my money before continuing upwards. Another interesting point to keep an eye on, the 30 & 50 MA are going to cross soon on the weekly, how will price react?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.