FlaviusTodorius67
做多

Multi month bullish wedge in BTC

BITFINEX:BTCUSD   比特币/美元
Ok, so the drop in BTC             also took me by surprise. In my previous chart I saw two possible scenarios for BTC             . BTC             took the dump scenario, however, the drop was more massive than I anticipated. It went below the ma20. What does that mean now for the future price development of BTC             .
Well, that means that this is a larger corrective ABCDE structure in wave 4, which will take longer to resolve than if it had just dropped to ma20 (around 9200 at that time).
I see a bull flag on the timefram of months, probably ending sometime in summer this year, with a following wave 5 rally towards 100K towards autumn, which will mark the end of this BTC             hype cycle. After that, I suppose we will see a bearmarket until the halving 2020.
Update?
回复
If an Inverted H&S triggers here, target would be perfect for the wedge
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出