BTC About To Run... Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Apr 9, 2021 5:25 AM

Bullish triangle formation, inverted head and shoulders formation, bull flag .

There are so many bullish technical patterns on this setup.

Our Elliott wave count is also signalling a bullish move higher!

We need to see a break above the bull flag formation before considering going long in the market.

Let us know your thoughts below!

Comments

jakec90

⋅ Apr 9, 2021 6:12 AM

Love the look of this so many indicators and technical patterns are lining up. Fingers are crossed for this as the setup is almost to pretty not to occur :D

Trading_Tony

⋅ Apr 9, 2021 6:59 AM

@jakec90, Pressure is building inside this triangle, hopefully a breakout play over the weekend!