BTC-USD/GUP : Long Term Projection
3 day chart ( BTC -1.35% value calculated to USD)
Bullish scenario for the end of the year.
Chart is self explanatory, descending wedge target = base formation of the triangle ($1.50)
Breakout + $1.50 target = ATH -0.02%
That should then form an ascending triangle , if breakout we can see a x 500% pump taking us to $10 like the formation of the ascending triangle .
Trade is valid as long as the orange trendline holds.
Bullish scenario for the end of the year.
Chart is self explanatory, descending wedge target = base formation of the triangle ($1.50)
Breakout + $1.50 target = ATH -0.02%
That should then form an ascending triangle , if breakout we can see a x 500% pump taking us to $10 like the formation of the ascending triangle .
Trade is valid as long as the orange trendline holds.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.