Bitcoin: three patterns, $ 12350 target?

٢٢ يوليو ٢٠١٩

With the presence of a possible Ascending Triangle, and possibly an Inverted H&S:
the price could go looking for the top of the Parallel Channel @ $ 12,350

DISCLAIMER: You alone are responsible for your positions.

٢٣ يوليو ٢٠١٩

ملاحظة

To survey: Left Shoulder = $ 9880 = Right Shoulder = Support line of the triangle

٢٣ يوليو ٢٠١٩

ملاحظة

If invalidate = target $ 8k7

٢٥ يوليو ٢٠١٩

ملاحظة

As expected (see my comment below), the crossing of the red trendline will not be smooth, with for the moment a first rejection:

٢٦ يوليو ٢٠١٩

ملاحظة

The price is still stuck between the two lines of trend that I had highlighted:



Imminent breakout, we will be fixed on the next trend.

٢٧ يوليو ٢٠١٩

ملاحظة

Bearish trend line finally defeated on the tip of the triangle, closer to the bullish trend line that marks the point and gives us a bull signal with the $ 10k found:

١٠ أغسطس ٢٠١٩

تم فتح الصفقة

The resistance of my downward parallel channel (white line) is heavily worked for 5 days with the formation of a bullish trendline support:
So I expect an imminent breakout of this resistance with a pump today, target 13k$

Height of the triangle: 1000 $ (11000-12000 $)
breakout at $ 12000 + height $ 1000
Target of the pump: $ 13000