thegoodsamm

7 days interval Pattern Identification on BTCUSD

Long
BITFINEX:BTCUSD   Bitcoin
BTC continue show strength over time, today happens to be a neutral market for crypto market contrary to the belief that there is always a bloody Monday, after bullish weekend.

BTC is maintaining an uptrend with Higher High, and Higher Low price movement. The next price action movement is quite similar to the first "Bullish Flag" pattern play that occurred 7 days ago. And if all things work out perfectly, there are two more Lower Low to be expected on the current Bull flag.

The expected last Lower Low will be a strong entry point for LONG shot to a new Higher High price around $7000-$7200.





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