Bitcoin is trading within the Pendulum Fork.
After the CL was reached, the price should have gone to the L-MLH.
However, this was not achieved, and instead a HAGOPIAN was left behind.
In most cases, this HAGOPIAN will drive the price higher than where it came from.
Since we know that in about 80% of all cases the market moves to the CL, we also have a good chance this time of reaching the high of at least 125,400. Personally, I see the target quite a bit higher, but let’s see what BTCUSD has in store for us.
Thanks for the likes peeps §8-)
After the CL was reached, the price should have gone to the L-MLH.
However, this was not achieved, and instead a HAGOPIAN was left behind.
In most cases, this HAGOPIAN will drive the price higher than where it came from.
Since we know that in about 80% of all cases the market moves to the CL, we also have a good chance this time of reaching the high of at least 125,400. Personally, I see the target quite a bit higher, but let’s see what BTCUSD has in store for us.
Thanks for the likes peeps §8-)
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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.
🔱 Follow The Fork 🔱
👉 Free Newsletter
👉 Join free Mini-Lessons
👉 Avoid subjectivity. Embrace rule-based trading
👉 Free yourself - Create your own profitable Charts
🔱 howtochart.com
👉 Free Newsletter
👉 Join free Mini-Lessons
👉 Avoid subjectivity. Embrace rule-based trading
👉 Free yourself - Create your own profitable Charts
🔱 howtochart.com
Related publications
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.