weslad
Long

Accumulation in progress, I see BULL taking Over.

GEMINI:BTCUSD   Bitcoin / U.S. Dollar
Patterns under view are:

Corrective Symmetrical Triangle pattern which price breakout already with 3 different re-test attempt and all were not successful. This Validate the authenticity of the trendline and turned into very strong SUPPORT Line.

Accumulating Triangle Pattern , this is where we are now with price reaching almost the end of the pattern which will result into major impulsive move. More so, taken into account the baseline of this triangle has shown serious strength in the past acting as both support and resistance , but this time its acting for SUPPORT.

Potential Inverse Head and Shoulder Pattern this formed base with previous higher low and if the pattern complete may energize potential Bullish sentiment to the market.

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Trade active: I show section with Inverse Head and shoulder pattern. The previous pattern lead us to 8400$ zone.

Trade active: Daily candle closed bullish we may have little retracement to re-test 6380 area before next leg up.



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Trade active
Trade active: BTC short term exhibit potential drop which serves as retracement to yesterday bullish move.

Trade active
Trade active:
Trade active
Trade active: Daily candle closed good again, we may see good rise today

Trade active
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targets getting hit, get ready for the next move! )))
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All i see is only bull's crap.
+1 Reply
weslad pkb6698
@pkb6698, thanks for sharing
Reply
Countertrade whole Tradingview bulls and Bitcoin long/short ratio:

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Here's my BTC analysis. I discuss 50/100DMA holding us down | Don't fomo just yet | Fractals | Weekly/Monthly don't like bullish:
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weslad Cryptosomniac
@Cryptosomniac, thanks for sharing, time will tell which direction price will move
Reply
Diamond Bottom..
+1 Reply
I sold all my top alt longs, I'll rejoin the bullish side if 6470 is crossed on coinbase and holds. risking just 1% of my trades so the next 48 hours don't kill me.
+1 Reply
weslad cycler
@cycler, That is called super plan. I love your view
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