davy101

BTCUSD Breakout is Immanent to $9,000+!!!

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davy101 已更新   
BITFINEX:BTCUSD   比特币
BTCUSD uptrend to continue. Following the end of the weekend (sideways consolodation bullish flag pattern) and the next couple days leading up to the end of the month (2 days) I see volume growing on breakout and taking out the 8,500 resistance area on the 30th July 2018, followed by a test to hit the upper resistence trendlines of the channel which is around a $9,200 to $9,400 TP.
评论:
So, we got a triangle formation on the 240 and the trading range is getting very very tight. The breakout levels remain at $8,200 with a possible pump to $9,000 which can be ridden all the way to around $9,500 (wave 5???).. Reverse scenario... the pull back earlier was bought up well by the bulls with the $7,800 to $8,000 area being very strong support. This can bounce back to $8,000 if the breakout fails again. I would get bearish when or if $8,000 fails again as that can drive price down to $7,400 to $7,600...........

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