Bitcoin Trade Target

Zaktualizowano
Bitcoin has broken out of consolidation to the downside. Using the flagpole to flagpole method gives us a trade target of about 16k!

Good luck
Uwaga
Bitcoin Daily Analysis
Previous analysis from earlier this morning
Uwaga
The Fibonacci Extension Tool shows the 16k area as the 2.414 extension from the initial pivot of the downtrend snapshot
Uwaga
Looks like we fell out of the triangle on the 3 day chart snapshot
Uwaga
Looks like plenty of downside ahead on the Volume Supported Linear Regression snapshot
Uwaga
Bitcoin Prediction
Bearish PatternsBitcoin (Cryptocurrency)breakoutBTCChart PatternsconsolidationTechnical IndicatorsshorttargettradeTrend Analysisxbt

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