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moneyflow_trader
Aug 21, 2022 8:34 PM

bitcoin to retest supply zone 25k, June uptrend still in tack Long

Bitcoin / United States DollarCoinbase

Description

looking at bitcoin, i see a Bullish Cypher Set up, and a bounce from D leg. The June Uptrend that started is still in tack. I'm looking for bitcoin to retest the over supply zone (see the nasty wick that sold off) which is just above the C leg

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Both the AD/Stoch have both bottom on the bitcoin total market cap which is bullish
snapshot

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I'm looking for Bitcoin total market cap to get back over $500+ Billion

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5min bitcoin total market cap looking for a breakout soon

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inverse head and shoulders set up

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looking to be completed before NY open Monday

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working on a stealth bull flag

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getting more tighter

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Studying the weekly bitcoin Market Cap, It looks like the Bounce to 25k sets up a potential Weekly Bear Flag sell off.

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we'll be monitoring to see if after 25k we get the confirmed E.W. pattern

Trade closed manually

Comments
SwallowPremium
We respect the updating you´ve done, thanks
Tradersweekly
I think it will just go lower. Thanks for sharing.
sadmark
nice pattern mate. I hope to see a bullish move soon. this is also my idea:

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