DrDovetail

Temporary long to $3850 on btc after falling wedge upward break

DrDovetail 업데이트됨   
BITMEX:XBTUSD.P   Bitcoin
Finally appear to be breaking upward from the falling wedge...after tracking many potential trendlines for t it appears the trendlines that went by the candlestick bodies were most valid which made it a smaller wedge with less breakout potential so now instead of a target of 4.1k we have a more conservative price target of $3845. It could continue to bounce once we reach there but it is wise not to get ahead of ourselves....I think we still have a bigger drop and capitulation candle in our near future. For now though this situation allow for a temporary long position.
코멘트:
There are 2 potential targets here...the one shown in the main image of this idea is based off a falling wedge which trendlines follow the bodies of the candlesticks....however you can also make a valid falling wedge by having the trendlines follow the wicks of the candlesticks as well...hard to tell which falling wedge is more valid...but if the one that used the bodies is more valid $3850 is my price target....if the wedge with the trendlines touching the wicks is mroe valid then 4150 is the target.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.