Conditions are not the same. Who is winning Bulls or Bears ?

COINBASE:BTCUSD1D

Bitcoin / United States DollarCoinbase

Description

⋅ Dec 5, 2019 9:16 PM

Here is the message from the future.

Crypto market is about to wake up !

Hybernation mode is over

Comment

⋅ Dec 5, 2019 10:48 PM

Trade active

⋅ Jan 6, 2020 10:22 PM

MA365 crossing MA730 and price is breaking out of falling wedge

Comment

⋅ Jan 14, 2020 10:49 PM

So far running as expected

Comment

⋅ Mar 15, 2020 6:54 PM

This looks to me like a solid breakout and retest

Comments

elcapitano112

⋅ Dec 26, 2019 7:10 PM

these falling wedge patterns only have something like 60% chance of breaking to the upside... So slightly better than flipping a coin

Anoinvest

⋅ Dec 26, 2019 7:12 PM

@elcapitano112, 60% is just fine if you set proper R:R trade and this is supported by bullish divergence added in comments too

monetae_anon

⋅ Jan 8, 2020 8:11 PM

@elcapitano112, How well this has matured.

Anoinvest

⋅ Jan 8, 2020 8:13 PM

@monetae_anon, I wish I could predict the side of the coin durring flipping with the same R:R not only 50/50

FiboTradeMasters

⋅ Dec 9, 2019 1:50 PM

Liked your long term view, however midterm bear has to hit 6200 levels at least before the bulls come back in.

Anoinvest

⋅ Dec 26, 2019 7:14 PM

@FiboTradeMasters, Sorry for late reply. I dont doubt your 6200 call and it was almost there allready. If you take closer look at the chart the falling wedge pattern aims down to 5200 approx. where the strongest support lays

Anoinvest

⋅ Dec 26, 2019 7:15 PM

@FiboTradeMasters, But to be honest I doubt we will get sub 6K but that is just my opinion

CryptoBullet

⋅ Dec 8, 2019 7:42 AM

great work!