I don't think you should expect anything from long positions for now, because we should wait for some bad news and bitcoin breaking these uptrend line with very strong support.
I'm waiting for at least 50% correction.
I don't think we will break 3000.
I don't think we will close lower than 0.5 level (3400$) maybe some squeeze on 3200 but not lower.
Possible head&shoulders pattern have ~800$ shoulder height and if we break uptrend line (and triangle) on 17-18-19 of September we should push to around 3400$ price.
I'm waiting for at least 50% correction.
I don't think we will break 3000.
I don't think we will close lower than 0.5 level (3400$) maybe some squeeze on 3200 but not lower.
Possible head&shoulders pattern have ~800$ shoulder height and if we break uptrend line (and triangle) on 17-18-19 of September we should push to around 3400$ price.
Kommentera:
i was meaning that triangle. Possible scenario but don't know how bad news should be to push there.