Based on the last minimum target of the iHnS, BTC could reach 35k. THAT is, only if it doesn't break 24800$ - an important medium-term support. If it makes another go at 31k and falls again, breaking 24.8k, it would form an HnS - and the minimum target would be 17800$.
tl;dr long from 25.5k~ to 35k OR short from 31k~ to 17800$ (and, maybe but more risky, lower).
tl;dr long from 25.5k~ to 35k OR short from 31k~ to 17800$ (and, maybe but more risky, lower).
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.
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.