MaxHodler

Bitcoin: three patterns, $ 12350 target?

MaxHodler Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
With the presence of a possible Ascending Triangle, and possibly an Inverted H&S:
the price could go looking for the top of the Parallel Channel @ $ 12,350

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Kommentera:
To survey: Left Shoulder = $ 9880 = Right Shoulder = Support line of the triangle
Kommentera:
If invalidate = target $ 8k7
Kommentera:
As expected (see my comment below), the crossing of the red trendline will not be smooth, with for the moment a first rejection:

Kommentera:
The price is still stuck between the two lines of trend that I had highlighted:


Imminent breakout, we will be fixed on the next trend.
Kommentera:
Bearish trend line finally defeated on the tip of the triangle, closer to the bullish trend line that marks the point and gives us a bull signal with the $ 10k found:

Handel aktiv:
The resistance of my downward parallel channel (white line) is heavily worked for 5 days with the formation of a bullish trendline support:
So I expect an imminent breakout of this resistance with a pump today, target 13k$

Height of the triangle: 1000 $ (11000-12000 $)
breakout at $ 12000 + height $ 1000
Target of the pump: $ 13000
Frånsägelse av ansvar

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