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Wayne_Enterprise

BTC ROAD TO RECOVERY [45DAY PLAY] M.S.

Long
Bitcoin (COINBASE:BTCUSD)  
Wayne_Enterprise Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis
5
0
trendanalysis
BTCUSD
  • BTC. is shown above trending between previous triangle breakouts + ascending channels mixed in with a few wedges.

    If the cup doesn't form, don't drink the water.

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Comment:
we spilled a little starting off but we all knew this was going to be a bumpy ride......

The cup is still in formation.
Comment:
The pattern slipped out but the lows get higher..... waiting for trend reversal, look for a jump back into the pattern area before the curve....If not, abort mission.
Comment:
We waited for the reversal, it happened.... BTC doing what she does and jumped right back into the pattern.... Wouldn't be surprised if she reaches the target ahead of schedule.
Comment:
This is going to be a very slow and steady grind up.... Idea still in play, just add an additional 45 days from the original completion date. The cup gets bigger.
Comment:
Turning this ship takes time, but as you can see above.... We are turning.
Comment:
We turned.... And now really making a rally towards our target.... Better late than never.
Comment:
Took a little longer than originally expected but we did make it.... A true recovery leading into PD + new ATH's
Comment:
As we sit on this multi month trend line what do you think happens from here?
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