BTC this week: Bullish to $9250, then Bearish.

BTCUSDT

After good catching of BTC when it was $7500, BTC has good gain last days, reached $8800 area after 16 months.

We have 2 price patterns appeared on chart, including a ascending triangle (clearly to see on H4 chart) and a bull flag (as easier to see on H1 timeframe), as marked on chart.

The pattern on smaller timeframe will be taken place first, so we might see BTC has a jump to $9250 area, then bearish pattern will be taken place, pull BTC back to $8700 area before weekend.

BTC needs to reamain $8300 for short-term bullish.

Supports/Resistances and possible next move for BTC are as shown in chart.

Trade stängt: målet nått:

BTC ran as predicted in just some hours. Everything is done too fast too furious.
All targets reached. New analysis will come.