Technical Analysis $ BTC / USD 09.18.2021 for COINBASE: BTCUSD By Nicolashuljich
As can be seen from the 1D chart, Bitcoin the resistance broke out of the inner pink triangle softly enough, at around $ 46,000 and it closes at $ 47,100. Whenever these kind of triangles are broken, we calculate a projection of the next possible target for the price to hit, which in this case is very close to $ 50,000, which is 9.35% growth.
However, we also have a large golden triangle in which Bitcoin is currently bursting well but not necessarily smoothly as with the inner pink triangle. When he did this with the first triangle, the was slightly above average, which is not the case for the 1D today. Yes Bitcoin manages to continue to increase with greater over the next few days, the next expected price target will be 23.86% growth, to around $ 56,500.
We will understand much better which price to aim for, but based on the previous months of the Bitcoin increases to a minimum of + 20% and up to + 100% growth. Based on this information, it is likely that he expects a price above $ 56,000 rather than just $ 50,000.and two week period,
On another side,+ show us a slow increase implement. Once the blue line crosses the red in both, that would be a strong “buy” signal to take a strong entry, aiming for at least $ 50,000 first, and if that goal is met, the next one I see is around $ 56,000 or even higher.
Keep an eye on it and make big profits with this amazing Lunar trade strategy! And don’t forget to share this information so that more souls can become financially free and lead meaningful lives!
This is not financial advice but only for educational purposes. Always do your own diligent research.