roaken

BTC may BULL earlier than 2900

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Running a Curve on our bear market plunge, I see BTC is forming a curve that may result in a bowl reversal pattern with hard resistance at 4231 and 6015.
3477 Support can also be found on BTC history as support and resistance and represents the first candle that confirmed BTC was bullish past 6k.
Good sign to see this break out of this channel.

December 1st Bull run? maybe...

Comments

Sorry, but I don’t see any merit in this analysis... you are making the curve decrease when it is likely we are only midway through the lastest drop this weekend.
Reply
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