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AlgoSurfer
May 18, 2020 7:36 AM

BTCUSD - Bull from 16th was confirmed and executed yesterday 

Bitcoin / U.S. dollarBitstamp

Description

I'd thought let me just continue this Bitcoin technical analyses and evaluate our steps from last saturday. One thing I already noticed is that our prognoses of the bull breakout after may 16th became valid. As you can see in this chart, yesterday BTC only suffered a few hours of decline, and then went up again.

You can see my previous idea here that I posted on saturday
(the last posted picture contains the bull breakout theory) which was a shortterm and volume based analysis.

Let us reevaluate the next days of what we analysed before and see what happens to our BTC-babygirl.

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I'm purely a beginner in technical analysis. Please hit like, follow or place a comment.
Any of your feedback is my motivation to keep going and to learn more!

Comment

Bull breakout theory from may 16th:
Comments
CryptoCheck-
This Is How We Move Into A BULL MARKET
AlgoSurfer
@CryptoCheck-, Thanks a lot for your insights. I learned a lot about chart patterns, how different markets can show signs of upcoming trends on other markets and how stocks and shares can accumulate afterwards.😉
CryptoCheck-
agree with you
AlgoSurfer
@CryptoCheck-, Thanks good to know were on the same boat. I'm still learning, but getting this kind of feedback from an actual premium user means a lot!
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