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BloomFisher
Mar 9, 2018 8:42 AM

BITCOIN | "Oversold" TIME TO BUY!! (Technical Threads) Long

Bitcoin / DollarBitfinex

Description

Hey Traders,
currently we're looking at BITCOIN H4 Chart Indicating symmetrical pattern of Oversold by Dynamic support Indicating for BUY
we have a Bullish opportunity here so it's recommended to go Long for short term Bias,
In our previous analysis we compared Technicals vs Fundamentals
where Technicals provided a Bullish insight by plotted H&S whereas, Fundamentals were harsh on BITCOIN indicating "NOT TO BUY"
and apparently Fundamentals wins as Market is not ready to go SOLONG bullish on BITCOIN (yet)

In this analysis, we'll work only on Technicals as it's short term bullish trade,
so BUY NOW setting Target to $11650

have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
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Comments
OrionX
Seems the depths will plumb deeper yet... Continued selling pressure from abroad?
spiritual90
What should be the sl ?
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