Dan_Wang

BTC, typical trading range price actions

Long
Dan_Wang Updated   
COINBASE:BTCUSD   Bitcoin
lots of wedge top and bottom pattern.

You can make a lot of money buy and sell in the trading range.

Or you chase the trades and can lose a lot of money.

Comment:
Comment:

here you have it. waiting for the double bottom or higher low
Comment:

Daily have wedge 3 pushes down, I am starting long from here, will add more if we have a double bottom pattern.
Comment:
Double Bottom, Trades doing good so far, need a higher low to add more.

Comment:
Bearish case update:

If we break 20 weekly EMA , I am looking at bearish head and shoulder pattern

Comment:
2 cases

Which one you pick?

Comment:
I think this is the bottom, will wait the 2nd leg down to confirm but, I am keep adding my long position now

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