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jackxzone
Aug 20, 2019 2:51 PM

BTCUSD~BITCOIN~MONTHLY STRUCTURE 

Bitcoin / U.S. dollarBitstamp

Description

BITCOIN NEEDS TO BREAK OUT 0.618 RETRACEMENT FOR FURTHER BULLISH.

CURRENT PRICE FORMS INSIDE BARS (WHITE RECTANGLE) >>ENERGY CONTRACTION

WAIT FOR BREAKOUT
IF BREAK ABOVE 0.618, LONG TILL 0.786

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JUST TO CLARIFY:

BREAKOUT=CLOSE & CONFIRM (WITH CANDLE BODY INSTEAD OF CANDLE WICK)

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