FroggyFX

Still Bullish on the BTCUSDi

Long
FroggyFX Updated   
GEMINI:BTCUSD   Bitcoin
Bullish on the BTCUSD
The Bullish Toolkit, drawn in purple TL, is a very important Key used by buyers during a Bull run in a variety of ways, including weighing trend strength, confirming a pre-existing trend is still in place, and many more. It is called a toolkit for a reason, and it is confirmed once price breaks above it.

Another use of a Bullish Toolkit as a leading indicator( which we would be using going forward on this run) is when the price breaks below after confirmation (first break above), a slingshot effect buy alert is triggered at the next available support - albeit very simple but incredibly reliable.

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Comment:
BTC in favor of Bear;
Comment:
Next bear target at 25200 area

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