SorinBlajan

the bullish scenario for Bitcoin. Fractals

SorinBlajan Updated   
BITFINEX:BTCUSD   Bitcoin
These fractals seem to be still working. Its still early but the pump was good :) Watching closely for a triple bottom formation (extremely bullish), although i would say only 30% chances and 70% for continuation.
Comment:
first good sign is volume has dried out, so at least the sellers seem to be gone for now. A bounce from 7200ish would be a good confirmation.

Comment:
coincidence?
Comment:
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.