Accumulation in the buy zone - Buying Ladders Here Long Term

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC accumulating here in buy zone identified in previous post.

FIB retracement zone - big support areas around this mark, strong buy volume supporting those areas and defending with powerful rebounds. All we need now is follow through volume and I believe that we will see some strong bullish moves in the coming weeks.

Note - this is a mid / long term trade and “I told you so” not required if we see a small amount of stop hunting below here before moving up.

When BTCis at all time highs again this year, you really think anyone is going to care that much if you buy at 8,800 or 8,600 or even 8,300. Bigger picture here guys, when this moves, your not going to hit the buy button fast enough and you’ll be chasing a rocket!!!

**Educational analysis only, trade at your own risk with disposable income only**

Trade safe.

The Colonel xxx
Trade active: Seeing some solid volume here, I don’t think 9500 will hold as resistance this time around. Already seeing $500+ move from suggested buy zone.

Be aware as another failed rejection at 9500 would potentially see some exhausted buyers and sell off continuation.
Comment: If you are making money in this space and continue to benefit from free trading ideas please support those of us helping to guide:

BTC - 1PaGSN3ikfWQ11NRxX988s5ybkAEkGLZ2

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Comment: Reloaded again at 9080 - That pullback on the 4hr candle with long bearish wick is BS as far as I’m concerned. Bullish volume looking good and I’m confident of a bullish continuation here
inverse head and shoulders completed with the last 4hr candle. I think we'll bust through 9800 and straight to 10500 in the next two candlesticks.
+1 Reply

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