If my analysis is correct, we will continue to close inside the borders of the green channel outlined. I don't expect to close this candle below $2300, which is the high on the 22nd of May and also a support level (red line). This support intersects with the bottom of the green channel.
Further analysis and price prediction indicates that, as long as we do NOT close outside of this green channel, BTCUSD will continue it's upwards trajectory and should reach the next level of $3300 inside of 15 days.
Let me know what you all think?
Further analysis and price prediction indicates that, as long as we do NOT close outside of this green channel, BTCUSD will continue it's upwards trajectory and should reach the next level of $3300 inside of 15 days.
Let me know what you all think?
Comment:
CORRECTION: That support level should be $2230 NOT $2300. I was typing too quickly. Sorry for this overlook.
Comment:
How do I delete this post?
Trade closed: target reached
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us