nmhung520
Long

Is BTC going to pump?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is what I see: A bullish pennant if BTC touches 75xx, bounces back to 9235 and breaks this point upwards to confirm the pattern.
Let's see what will happen :)))
Mar 29
Comment: BTC goes down and touches the support line at around 7521.
I think this is the end. It is very hard to go down further because of strong suppport zone due to huge buy orders.
Mar 29
Comment: BTC price consolidates around support line for a while.
It seems like we have a bearish pattern here, meaning that price will go down further, but in my opinion it will not.
Let's see what will happen. Actually, if there is huge sell volume at this point, price will go down. But this is a good price to buy in, who's gonna sell at this price?
Mar 29
Comment: BTC price goes down further so I have to re-draw my TA
Apr 03
Comment: Please refer to this new TA
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