Hello friends,
Gonna keep this short.
I had made some changes from my last TA, I am sensing that the large speculators closed their short positions on Monday and have increased their longs. We will know more this coming Friday what the deal is on the COT reports.
I spotted this diamond pattern and is looking bullish. I kinda knew that the H&S pattern was too obvious and a nice trap for market makers. However, we must be leery of fake outs. If this is going up, BTC will have to break the previous high.
Cheers
Gonna keep this short.
I had made some changes from my last TA, I am sensing that the large speculators closed their short positions on Monday and have increased their longs. We will know more this coming Friday what the deal is on the COT reports.
I spotted this diamond pattern and is looking bullish. I kinda knew that the H&S pattern was too obvious and a nice trap for market makers. However, we must be leery of fake outs. If this is going up, BTC will have to break the previous high.
Cheers
Comment:
Cot reports from Friday says we are going bearish. i.imgur.com/6wcTlTR.png
Comment:
If we are bearish as hedge funds suggest. Refer to this chart.
