weslad

Bitcoin approaching another strong decision point zone

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys, we still have this very long time Ascending pattern holding firmly and inside this pattern we has series of Bullish outlook where we have potential ISHS, Bullish Flag and Pole, Potential Cup and Handle formation.

Funny enough almost all the patterns shared same target which is in the zone of 5000usd.

We has two possible scenario right now, either we go for a test on the Neckline of the Ascending pattern and break it up for bullish momentum to sustain or price test the neckline and get rejected for a refueling again.

I will advice us to exercise a little patience to let BTC make its decision before we open a new trades.

I'm still holding large percentage of my BTC and some altcoins at the moment which I will not sell till BTC make its decision.

Kindly trade with care and always utilize the power of stop loss to help in minimizing the loss.


Trade active:
Trade active
Trade active: Great breakout
Trade closed: target reached
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Great bullish channel Wes. Let us share a long term study we've made on the potential price stability:

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weslad InvestingScope
@InvestingScope, thanks for sharing with us
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Lol you say your group is about sharing ideas and making profits together but you banned me when I posted a detailed chart on ZIL helping everybody. Either stick to your words or stick to your greed and ego friend, both cant be good.
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weslad AbunduntiaTrades
@AbunduntiaTrades, what are you talking about man. If you have issue about group is this the right place to express it.
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@weslad, Lol yes it is. Cause you blocked me without even a single consent or care
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i hope this 4120 area will hold.. Nice chart bro.
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