Most people thought that
BTC broke out from its symetrical traingle on april 12th.
But the volume was way to low. This is what we call a Fake break out.
BTC is still in the triangle and currently at the apex.
Get ready for some major moves ( if the volume increases).
First Target would be 10k USD, quickly followed by 11.5k. Long term target is 22k
BUT
If
BTC Doesn't break out today or tomorrow, we'll most likely go down to 7000 support an retest 7800 in the next days. This might actually be very healthy to reset the daily RSI and give us more fuel.
I don't see btc -0.11% breaking down this triangle as most News look good, a few major countries give some positive signs about cryptos. (China, France, South Korea, Japan).
but if this happens we could go as low as 5000 usd
Please like and share.
This is only my point of view and certainly not a finnancial advice. You are trading at your own risks.
Your Devoted Tont's
But the volume was way to low. This is what we call a Fake break out.
Get ready for some major moves ( if the volume increases).
First Target would be 10k USD, quickly followed by 11.5k. Long term target is 22k
BUT
If
I don't see btc -0.11% breaking down this triangle as most News look good, a few major countries give some positive signs about cryptos. (China, France, South Korea, Japan).
but if this happens we could go as low as 5000 usd
Please like and share.
This is only my point of view and certainly not a finnancial advice. You are trading at your own risks.
Your Devoted Tont's
交易進行
We might have broke up but the volume is way too low so the break out can't be comfirmed yet. But if the resistance acts now like a support it's a very good news, let's wait and see.免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。