BTCUSD seems to be forming a descending triangle pattern. 54% Bearish/46% Bullish (Type of Pattern). As you can see from the price data, BTCUSD is in a rising channel. That being said, I see BTCUSD continuing its upward momentum and breaking out to the upside from this "Potential" descending triangle.
Targets
---------------------------
Upside Target: $43k
Downside Target: $32k
---------------------------
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Targets
---------------------------
Upside Target: $43k
Downside Target: $32k
---------------------------
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Comment:
BTCUSD has broken out of the descending triangle to the upside. $43k is the current target.
Trade closed: target reached:
Target has been reached. 10% Profit