Trader-Mick

THATS THE END OF BEARS!

Long
COINBASE:BTCUSD   Bitcoin
Okay as per TA, I have circled with blue color, Circled ones are Support zones these zones represents potential demand area. These demand area and support zones are the same, but in specific, Demand zones happen when we see a strong rally from there and that is exactly what happened from the first blue circle, 2nd blue one is not that strong but considered as a support zone, Marked in Rectangles (red) And we have a bonus point where it may complete a W pattern here from this zone. So I have marked my reason already why I am seeing an uptrend and why a Potential W pattern can form and BTC can rally from here, I may be wrong but I got the reasoning. :smiley:

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