已更新

BTC PROSHARES ETF DECISION EXPECTATION

Price trading in a RISING WEDGE pattern with and expectation to break down but can still also break up.

The consolidation there in is as a result of ETF decision which will come up tomorrow August 23rd.

Here are my expectations:
If ETF is approved that will be BULLISH Signal on BTC with immediate target to be 7400$ and may extend to 8400$-8800$.

If ETF is denied or Postponed surely that mean bad news for BTC then we can easily see a re-test of previous low around 5800$-6000$ or lower in the region of 5k.

交易進行

ETF was denied, but since its largely expected, so there is not much dump as price bounced off from our first immediate support.

交易進行

Price rally up after touching our immediate support zone. Next target is the green zone around 6800$.

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Thank you for your support.

交易進行

交易進行

Potential IHS in formation with target pointing at 8000$-8800$

BTC in potential Inverse HEAD & SHOULDER targeting at 8000-8800$

weslad

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weslad

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