weslad

Bitcoin channel targeting 100k-250k range

Long
BITSTAMP:BTCUSD   Bitcoin
Hello guys,

Its been a while on here, today I decided to bring my latest research for everyone to have a look at. Well, as we all know BTC has been holding up within Rising or uptrend channel, this channel is very promising with huge potentials. If you are familiar with my previous post where I talk about the rising channel, the post is shared here:

We are currently trading above the median of the channel which mean the next priority is testing on the upper line of the channel and is coincidence to one of my previous idea of bullish pennant which have target towards the top of the channel.

This is not a trading signal but just a potential decision making idea to know the most dangerous zone to watch for.

Thanks.

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