Bitcoin: three patterns, $ 12350 target?

2019年7月22日

With the presence of a possible Ascending Triangle, and possibly an Inverted H&S:
the price could go looking for the top of the Parallel Channel @ $ 12,350

DISCLAIMER: You alone are responsible for your positions.

2019年7月23日

註釋

To survey: Left Shoulder = $ 9880 = Right Shoulder = Support line of the triangle

2019年7月23日

註釋

If invalidate = target $ 8k7

2019年7月25日

註釋

As expected (see my comment below), the crossing of the red trendline will not be smooth, with for the moment a first rejection:

2019年7月26日

註釋

The price is still stuck between the two lines of trend that I had highlighted:



Imminent breakout, we will be fixed on the next trend.

2019年7月27日

註釋

Bearish trend line finally defeated on the tip of the triangle, closer to the bullish trend line that marks the point and gives us a bull signal with the $ 10k found:

2019年8月10日

交易進行

The resistance of my downward parallel channel (white line) is heavily worked for 5 days with the formation of a bullish trendline support:
So I expect an imminent breakout of this resistance with a pump today, target 13k$

Height of the triangle: 1000 $ (11000-12000 $)
breakout at $ 12000 + height $ 1000
Target of the pump: $ 13000