Hey tradomaniacs,
Crucial moment for BITCOIN 👉
If you have followed my previous analysis about Bitcoin you know that I have expected two different scenarios.
Triangles are always very risky as many fakeouts accur due to the fact that this pattern is almost too obvious and often a reason for retailers to buy the breakout.
Now we finally see the break to the upside and have to wait for a confirmation in form of a retest, rejection and bullish volume aswell as momentum.
Bitcoin is by the way often a nice pre-indicator for the mood in the stockmarket and less a hedge as many investors say.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
Crucial moment for BITCOIN 👉
If you have followed my previous analysis about Bitcoin you know that I have expected two different scenarios.
Triangles are always very risky as many fakeouts accur due to the fact that this pattern is almost too obvious and often a reason for retailers to buy the breakout.
Now we finally see the break to the upside and have to wait for a confirmation in form of a retest, rejection and bullish volume aswell as momentum.
Bitcoin is by the way often a nice pre-indicator for the mood in the stockmarket and less a hedge as many investors say.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!