NakedTrading4U

BITCOIN BULL PAUSE PRE-FOMC

Long
NakedTrading4U Updated   
BITSTAMP:BTCUSD   Bitcoin
Our BTC HEAD AND SHOULDERS formation played our perfectly from a couple weeks ago

Price action make a very QUICK right shoulder and then broke out, bullishly, away from the NECKLINE, Now I expect bitcoin to go on a massive bullrun

However, first DADDY JPOW is going to come up and raise rates by 25-50 basis points and ruin everyones day, but not mine

USING DIPS TO BUY MORE LIKE A PROPER BITCOIN BULL
Comment:
Idea running well already, looking forward to buying on the coming dips
Comment:
Bitcoin looks like it will start testing bottoms sometime this week

25-26k is likely but even lower is possible, with 23k being ultimate bottom
Comment:
Price action and volumes still are saying to sell but the drop is not coming as quickly as expected. A few more days should see a bottom on bitcoin, lets see if we can get 25k-26k still to load up on more buys
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