FUNTRADER-Vera
Long

1211 BTCUSD bull signal on daily chart

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
EN: 6370
SL: 6180
TP1: 6600
TP2: 6750
TP3: 7060

BTCUSD has made a support on the blue zone.
It did not hit our last target 5800 but still made some profit on a short trade.
This blue zone also happen on a support line of the red channel.
Follow the channel, we have a trade setup above.

Less is more!
Comment:
Comment: BTC passed the first day test.
Now it still on its slow pace to rise.
Trade closed: stop reached
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How is that possible to be wrong in every single bitcoin chart for all time? lol you are a new reverse indicator.
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FUNTRADER-Vera SpaceMachine
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SpaceMachine FUNTRADER-Vera
@FUNTRADER-Vera, that is not a "lol", that's called a loser
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FUNTRADER-Vera SpaceMachine
@SpaceMachine, I would not call a signal loss trade could make a loser. And a signal win would not make you a winner .
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FUNTRADER-Vera SpaceMachine
@SpaceMachine, BTW, if you like , please use my analysis as reverse indicator from now on.
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Agree. Big picture could look like this.
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Hello Vera and thank you for another great analysis. We see a bearish price action though as the 1D Triangle should break towards 6,100 on the short term based on these recurring patterns:

+1 Reply
Thanks for sharing. We believe BTC will reach $590 000 by March 2021 (without institutional money). Here is why.
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Hey, actually a pretty nice target technic!
At the moment, Bitcoin chart shows multiple bullish candlestick patterns on the higher timeframe but is it enough to make a move upward?
Currently, it looks bullish and my bias stays bullish until we have not made a short-term lower low.

All the best!
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