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Almost all signs go! BTC target $11.500 within weeks!

От stewdamus
Обновлено
I am breaking out of my long time (6 months+) neutral sentiment now. Though we haven't broken above the 200MA yet (and that definitely should give pause to what I am about to predict) all other signs seem to be indicating BTC could make a run for 11.5K. I'll be brief:

  • Break above our longtime channel since July (though we still need another day to confirm)
  • Break above our downtrend on RSI a couple of weeks ago
  • Cup and Handle pattern evident
  • Coronavirus in China could mean exit from country with BTC
  • Break above 200ma seems imminent
Сделка активна
Now have broken 200ma AND confirmed our break of the channel. Trade in play. Target 11,500.
Bitcoin (Cryptocurrency)BTCUSDBullish PatternsChart PatternsChart patternsTechnical IndicatorspredictionTechnical AnalysisTrend Analysis
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