Reversal?

Waiting for BTC to show signs of a BULLISH REVERSAL.

Currently - Looks like we're at the decision point of a V Bottom.. Waiting for the break out of the GREEN BOX

If we break below this box, a potential double bottom reversal is in play, if we hold support on the 38.2% FIB RT.

Just being completely honest -BTC is not giving me ANY clear signs it wants to break out.. so, if the V Bottom confirms, I will enter a small trade -but other than that, just waiting for some development and an eye on VOLUME.


What are you all seeing?

Am I missing something?

Thanks for looking!

Trade active:

We broke out.

Turns out.. all we needed was a whale to buy some BTC.. Thank you Mr. or M(r)s. Whale.

Hope you all snagged the break out. If not, don't worry, I really think we'll get a consolidation around the 3:1 before taking a shot at crossing the trend 38.6 Fib RT. Wait for it.

We'll see what our momentum is looking like around there and make a decision to stay or go.

Rebuy: $7999
TP1: $8170
TP2: $8650

We'll make the decision to pull all our profits, or buy more based on the data.

What are you guys thinking?