ALIJACK_CRYPTO

Bitcoin to the MOON 20 000$ is one the way

Long
COINBASE:BTCUSD   Bitcoin
Hi everyone! Long time no see! This is simple analysis according to indicators and graphic pattern on weekly chart. First of all we see two signals in a row that shows us buy signals. First it is TD Sequential buy signal where BTC hits 3300$ and it shows little green arrow to the upside indicating that this was reversal point or bottom. Second indicator was “Ali Jack Strelok” indicator this is my own indicator that I made up from other indicators. It never showed buy signals it the last 616 days. Last signal to buy was on 31 Jul 2017. And now after a long time finally it shows buy big green arrow to the upside. It indicates that from now it is more likely that Bitcoin will start its bull run to 20 000$ and more. Sure some corrections and sideways action is expected but in general I think that bottom is in and from now we will see growth in BTC/USD value. Also if we look at the graphical pattern big weekly falling wedge is also broken to the upside with big green candle. It also indicates change of the trend and that the bear trend is broken to the upside. Press like subscribe and check my Youtube Channel (All in Trade).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.