Hi All,
First ever idea, been trading crypto BADLY! since late 2017 and always visited here but never made an idea so here it is.
Reasoning - I think we will see a bottom just like the July 2015 bottom where the price has broken the 20 SMA but is rejected by the 144 EMA on the weekly chart. Which could mean a revisit to either the low of 15.5k for a double bottom or even a lower low (i like the look of 12k :) )
Then based off the number of months (approx 27) i think we will have a bull run until May 2025 and my prediction is 300k ish. Again just for fun.
NFA - just publishing to look back on to see how wrong I as was! As whatever I seem to think or do in this market (other than buying and holding) goes t!t5 up. I may start counter trading myself:)
Probably wont age well at all but here goes.
NEWB advice - stay away from the deadly leverage especially early on. It will find you and it will eat you slowly :)
First ever idea, been trading crypto BADLY! since late 2017 and always visited here but never made an idea so here it is.
Reasoning - I think we will see a bottom just like the July 2015 bottom where the price has broken the 20 SMA but is rejected by the 144 EMA on the weekly chart. Which could mean a revisit to either the low of 15.5k for a double bottom or even a lower low (i like the look of 12k :) )
Then based off the number of months (approx 27) i think we will have a bull run until May 2025 and my prediction is 300k ish. Again just for fun.
NFA - just publishing to look back on to see how wrong I as was! As whatever I seem to think or do in this market (other than buying and holding) goes t!t5 up. I may start counter trading myself:)
Probably wont age well at all but here goes.
NEWB advice - stay away from the deadly leverage especially early on. It will find you and it will eat you slowly :)
Zlecenie aktywne
Just a quick update, seems its not far off so far. 144 EMA rejection. Wonder how low can she go. ??
Uwaga
Will the 20 SMA hold? If she loses $19,500 then lower low is definitely on the cards. Stay safe everyone
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.