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NarkoTA
Jul 16, 2019 5:33 PM

[BTC] Normal flat. Correction + Trend = Upside Long

Bitcoin / DollarBitfinex

Description

MACD - Double bull div on 1 h and single on 4h.
Structure - Normal flat, no idea when C wave is going to end but it seems like it's going to be soon.
How to trade this?
Long if you see a strong impulse followed by a small correction of any type. It will give you nice RR.

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I'm expecting ALOT more upside to this. In this chart, you can see my long term target for this pattern which can reach in anywhere from 1 - 2 months. If anything changes I'll be posting updates.

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For now, I'm looking for this.

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