weslad

Bitcoin to push more upside

Long
weslad Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin to push more upside


Spotted Falling wedge breakout and price return back into possible symmetrical triangle pattern .

We are presently making a short term flag which should break upside soon.

I will advice you guys to hold your position firm as we got BTC cheaper from our previous post.

Love you all.

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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We gave this earlier to show case the short term flag and it played so well.

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Potential pump incoming

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If all goes as expected the price should follow the given wave pattern. I expected anybody holding long position to have tight stop loss as the market is consolidating to make next market decision.

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Guys please leave me some likes on this post. This will keep me going to give us more view and timely update.

Thanks
Comment:
Price attempting to break this triangle flag pattern upside.

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We breakout from flag and price now forming a continuous triangle pattern, I still hope for upside breakout. Please keep your stop loss should incase it break down.

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We should recollect that we have Bulish Bart structure which also support our bullish view.

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Possible wave pattern towards upside breakout.

Trade closed: target reached:
This is strong analysis, target achieved on immediate basis.
Trade closed: target reached

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