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CalicoNeko
Aug 3, 2018 5:52 AM

KEEP IT SIMPLE!- ACCUMULATE IN KEY SUPPORT RANGE (7.0-7.3) Long

Bitcoin / DollarBitfinex

Description

A bottom for the year was established in July with the confirmed cup and handle followed by bull flag continuation formations that played out, with this in mind for maximum R/R, accumulation in area of price consolidation/excess demand in range of 7.0 and 7.3 - which corresponds with the right lip of the cup which represents significant support. Price bias should on the whole remain bullish until bearish pattern and confirmation is occurs.
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