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profghibli
May 23, 2018 7:54 PM

Bearish and bullish counts. Long

Bitcoin / DollarBitfinex

Description

Bearish and bullish counts. It means a lot what will happen when we exit the triangle. I personally favor the bullish count just a bit (bullish 60% to 40% for bearish). Great trade setups can be made in both directions with high Profit/loss ratios.

Comment

Reason why I slightly prefer bullish count -

Comment

Multiple coins are near good support zones. Probably a bounce should ensue soon. ETH just bounced off of 0.618 support, EOS is at a log longterm trendline support, BTC is 400 dollars above it's triangle support.
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