RocketMode

Bitcoin Ready for 4500 to 4600 area?

Long
BITFINEX:BTCUSD   Bitcoin
Hello guys, i am back to business. Let's make some money together in this crazy market, huh? BTCUSD
Let's start on 1H chart, we have seen some crazy movement yesterday, but we didn't break that down channel, and volume is keeping low during that 150usd dump. From what i can see, this a shakeout for the bulls, or you can call it the abc correct wave in wave 4. No matter what your pattern is, this is super bullish.
Bitfinex margin long keeps leading the market, this is just becoming obvious to know that they are accumulating, they close their margin long at 4200ish to dump the price and reload (real buy) at 3800ish. These market markers are good and patient, we should do the same,
Long btc, be patient and wait it touches the trend line.
btw, 1h rsi showed a bull divergence after that dump, quite obvious, so i will let you guys find more bull signals,
Peace
- Mr.question

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