2 potential patterns are setting up to return BTC to All-time highs and beyond.
Within the triangle we are currently at the neckline of a cup and handle (see ABC&D) that, with a weekly close above, has a target back around ATH.
A breakdown from here will see us working on a potential Elliot triangle wave E. The theory suggests this should break below the triangle which would definitely be a cause of fear for many investors and would certainly be a scary trade to take. However, looking at the overall chart movement. With the absence of a clear ABC correction, It is quite possible that this bear market has simply been a large bull flag on the monthly chart with an upside target just past ath's.
Time will tell.
Within the triangle we are currently at the neckline of a cup and handle (see ABC&D) that, with a weekly close above, has a target back around ATH.
A breakdown from here will see us working on a potential Elliot triangle wave E. The theory suggests this should break below the triangle which would definitely be a cause of fear for many investors and would certainly be a scary trade to take. However, looking at the overall chart movement. With the absence of a clear ABC correction, It is quite possible that this bear market has simply been a large bull flag on the monthly chart with an upside target just past ath's.
Time will tell.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
