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CryptoManiac101
Mar 18, 2018 7:44 PM

Bitcoin (BTC) on New Pattern? Magical Uptrend This Summer - (H) 

Bitcoin / United States DollarCoinbase

Description

Short term holders, stay away from crypto world right now, you will just lose money. If you're in for medium to long term, wait for a better entry point or at least for positive confirmation of solid uptrend in Bitcoin.

I will update this trade as new info comes about. At this point we are just waiting on sidelines to enter in Bitcoin or add our positions on ALTS. Dollar is best option right now for investors looking to minimize their loss.

Like for support please!

Do not invest what you can't afford to lose. We are not your financial advisors.

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We see double bottom here

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Give a like for support guys! Huge help!

Trade active

Positive solid upward break is positive

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Want to enter today? Get in with tight SL at around 2%-5% depending on your risk

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Anyone enter this trade already?

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Looks like it is heavily trying to recovery. Still unsure if it's fake recovery or real deal

Trade active

with Stop Loss SL

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Slight resistance at $8,600 level, but we should break it

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Give a like on this idea if you agree!!!!

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Here's a quick chart update for you guys

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If we get heavy uptrend soon, will help out alts
Comments
JoshThomas04
Love this strong demand zone. There's support here which touches lows from July & September plus the target's for flag patterns, Feb low, Previous low before the all time high etc. With respect to the long term view, we have to be bullish until it's proven otherwise.
TheKitchenTrader
It has stayed above your path which is positive.
brecier
INDeedFx
CryptoColm
Path 2 definitely
MarekManduch
I like that flash pattern drawn by you :)
CryptoManiac101
@MarekManduch, Much appreciated!
umairceo
so BTC is done with correction now? till april end we can again see btc around 16k?
angel_lobs
@umairceo, No ;)
umairceo
@angel_lobs, lol so whats your opinion where we heading in short & mid term? imo 6k 5.5k is huge demand zone & this time supply will be low at these levels which will eventually take btc above 12k fast then next 16k long term major resistance?
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