Hey fellas, hope you are doing well, here is my review on Bitcoin.
Btc formed a perfect SFP (swing failure pattern) as we made both ingredients, for BULLISH SFP true.
1) MARKET FORMS NOTICEABLE/KEY SWING LOW (red cirlce)
2) MARKET TRADES THROUGH THE SWING LOW BUT CLOSES ABOVE IT (blue circle)
This pattern is a strong bullish signal. I have no doubt that we'll be seeing more green in the upcoming months!
Wish you all good trading, do your own research before make any calls.
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As you can see that was a good zone for long position and we are currently sitting on 25%+ ROI. Still think we'll be seeing more green until the end of this year and strongly doubt that we'll retrace under 6k anytime in the near future.