We got clear indication that yearly low has been established on BTC and all we have been having ever since price hit 5770$ area is just ACCUMULATION.
Smart investors are accumulating as BTC price drop near the low.
We had series of reversal patterns shown possible bottom also.
Although the chart is self explanatory and its meant for long term view.
Please share your thougths about it and support my post with your LIKES if you think it's useful.
Thanks
Trade active
⋅
The view on 1 week timeframe
Trade active
⋅
3days chart shows potential massive accumulation on going, we should have big move soon.
Comment
⋅
Please share your thougths about it and support my post with your LIKES if you think it's useful.
Trade active
⋅
Detailed view of previous accumulation box and their actions exposed. Presently we are in another accumulation box and same thing will likely happen. Its a good buy signal
Trade active
⋅
Look like BTC is here to stay, I see serious end of bear market again, guys do take a look at this series of reversal pattern usually forming at the bottom.
All I see for now on BTC is accumulations before next gear up. I hope you guys will be on board.
Do click on like and leave your comment below.
Thanks for reading and following all my updates.
Trade active
⋅
Could this flag breakup, if it does the target will be around 6800$
Trade active
⋅
Trade active
⋅
Clearer view of the flag and pole in making.
Trade active
⋅
#BTCUSD
Please share your thougths about it and support my post with your LIKES if you think it's useful.
Thanks
Trade active
⋅
Price remain in accumulation zone. Big move is loading
Crypto has become so boring... bull season must be soon
InvestingScope
⋅
Thank you Wes for the long term perspective. Short and informative. On the short term, we expect this 4H Channel Down to move to the 6,380 - 6,300 Lower Low zone:
I agree we are seeing the signs of market reversal. Bears were clearly in control up to around August, and then volatility died, volume died ... so I see there is a truce right now.
The only thing we don't know is how long will this go sideways before we return to bull. It could take many months.
I do expect one last good attempt by the bears (they'll always try, but I mean a decent push) ... and 5k is still on the cards for me ... but as each day passes, the probability of going lower diminishes.
weslad
⋅
@MAGICMARK, well said, thanks for sharing your view