BTCUSD - BITCOIN / DOLLAR - D - H4 -- PULLBACK OR TRENDCHANGE?! Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 23, 2019 1:19 PM

HELLO COMMUNITY,

HERE IS MY LONG IDEA FOR THE BTCUSD - BITCOIN / US.DOLLAR.

IF YOU LIKE MY IDEAS THEN PLEASE LEAVE A LIKE AND FOLLOW ME.

WE HAVE FOR THE BITCOIN GOOD NEWS. THE FEAR & GREED INDEX IS BETTER AND BETTER. IS THAT A BEGINNGING OF A TREND CHANGE OR IS THAT A PULLBACK?!

1. SUPPORT
2. LAST LOW
3. DOUBLE BOTTOM
4. ENGULFING PATTERN
5. MY ORDER

BEST REGARDS

Comments

meszaros

⋅ Dec 27, 2019 10:08 PM

Very good analysis. I agree. That's why I'm sending a like.

i-like-profit

⋅ Dec 27, 2019 10:13 PM

@meszaros, Thanks for the comment :-)

Bitprofit

⋅ Dec 26, 2019 12:01 PM

I don't see any trend-changing signs yet but thanks for posting your idea

Crazyhouston

⋅ Dec 23, 2019 1:25 PM

You know what happens when people stop fearing? High leverage trading(greed) and a pullback below 6500.
What would be the reason to hit a new higher high and move above the descending channel? The double bottom can easily be a triple bottom.
8k-8.5k would be potentional target, but personally i think we're hitting 6500-7200(CME gap) before upwards move.

i-like-profit

⋅ Dec 23, 2019 1:33 PM

@Crazyhouston, THANK YOUR FOR COMMENT.
I AM SURE THAT AT LEAST WE WILL SEE A PULLBACK AND THEN I WILL SECURE ON ENTRY. LET'S SEE WHAT TIME WILL BRING AND DON'T FORGET THAT THERE ARE SOME POSITIVE NEWS.