regalia

BTC Movement up $15,000 - 18,000 - Inverse Head and Shoulders

Long
regalia Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! Wishing you all a Merry Christmas and a Happy New Year. The market correction finally hit and I hope you all got in cheap :) Most of the team was able to position themselves well and earned healthy %'s (: I sent this chart off to the team a bout an hour ago. So at the time BTC was in the $14,000's.

Keeping it short this time:

Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k

Great time to set up long-term positions now. Or day/swing trade.

Risk to head downwards still exists so you can position purchase orders at $12-13k.

Wishing you all well and hope you make $$$.

Comment:
My team and I have initiated this short-term trade for 12% gain. I shared this chart with my Telegram Group

(COINBASE/GDAX PRICING)
$14,500-13,700 key area to accumulate. We can anticipate another 18% gain soon. The charts will align with LTC as well. Post incoming soon.

Comment:
Here ya go :) Selling at $16800 buying the retrace and moving upwards from there.

 
Comment:
Hi Guys,

@zeelorenc Corrected me yesterday in regards to my inverted HnS and i already mentioned that I thought i was wrong and I do see a HnS. (see comments below).

I got out yesterday before my christmas party and will be setting myeyes on lower buy in ranges.
Comment:
Following it perfectly!
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