Bitcoin BTCUSD - Where's it going short-term? A few (weak) ideas
Total speculation here but just showing you what I'm looking out for.
I see a possible Head & Shoulders (yellow). There's a similar pattern on Bitstamp too. Neither are totally convincing, but worth pointing out.
If it does end up hitting that target, it might be a good setup for another larger Head & Shoulders (orange) if it decides it's not ready to go further up yet. If that plays out it would also start to look like a Rounding Top on higher timeframes.
Or it could simply keep consolidating and turn into a Triangle/Wedge shape (purple) and then we'd just look for a breakout.
...or it could just do something totally unexpected...it's bitcoin.
How's that for being totally noncommittal? I'm bound to be right somehow! :)
I see a possible Head & Shoulders (yellow). There's a similar pattern on Bitstamp too. Neither are totally convincing, but worth pointing out.
If it does end up hitting that target, it might be a good setup for another larger Head & Shoulders (orange) if it decides it's not ready to go further up yet. If that plays out it would also start to look like a Rounding Top on higher timeframes.
Or it could simply keep consolidating and turn into a Triangle/Wedge shape (purple) and then we'd just look for a breakout.
...or it could just do something totally unexpected...it's bitcoin.
How's that for being totally noncommittal? I'm bound to be right somehow! :)
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.