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BallaJi
Dec 22, 2023 11:02 AM

3 White Soldiers have led to #Bitcoin high's the past 3 times Long

CRYPTO:BTCUSD1M
BitcoinCRYPTO

Description

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after pattern breakouts

what colour will the 4th be?

when approval , when 1st day of ETF trading we don't know of course

and self custody is the true way to own a bitcoin

But anyway I am in the camp of new high's in 2024

stay strong stay long

but expect that the market will try to throw off the bull train.

Trade active

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3 soldiers
a Doji to throw u off track as expected

and now another soldier.

Trade closed: target reached

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Bulls enjoy this

Comment

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The may monthly candle needs to be a strong one

As the April one
was indeed a bearish engulfing candle.
Chart PatternsTrend AnalysisFundamental AnalysisBitcoin (Cryptocurrency)BTC3whitesoldierscandlestickpatternBTCUSDcryptoETHaltcoinsbitcoinmining
Comments
Composition
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Interesting, ETF is a nail biter right now. I am wondering if you still think 35k BTC correction?
BallaJi
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@Composition, yea that idea I shared about that 50% drawdown level having a hard retest ... is still a scenario that could play out right. I see that the funding rates on crypto futures are getting spicy hot. The people that move the market, definitely like to harvest a few poor souls , every so often....!
Composition
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@BallaJi, Are you confident in that scenario... what does it mean that crypto futures are getting spicy hot and eat souls!? O_O
BallaJi
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@Composition, Crypto futures exchanges are very profitable businesses.
Crypto futures traders over the course of the year generally lose money.
Do the math :)
Casino always wins.
MyCryptoParadise_Nathan
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nice observation
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