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go8686
Mar 24, 2019 10:32 PM

BITCOIN GOT VALID SUPPORT, BULL MAY TEST 4050 RESISTANCE SOON Long

Bitcoin / United States DollarCoinbase

Description

Bitcoin (CONBASE:BTCUSD) just got valid support.
Double Bottom Pattern is obvious.
Bull is showing strong desire to challenge 4050 resistance, which may happen within 72 hours.

Signals given by 9 Seasons Rainbow Multiple Time Frames Pattern PRO Indicator
Crazy Sold(Fuchsia) -> Oversold (Blue) indicates a failed breakdown and Price recovered to the support.
This happens on 42m, 1H, 2H Time Frames.
Overbought(Yellow) on 339m time frame indicates strong resistance at 4050 which was tested on March 21.

Some altcoins got support as well with the same signal:
LTCUSD

ETHUSD





Comment

LTC PUMP FIRST

Comment

DISCLAIM
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.

Trade closed: stop reached

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