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UnknownUnicorn2064811
Dec 4, 2021 1:18 PM

The Channel To Watch, is this the end? Long

Bitcoin / U.S. dollarBitstamp

Description

The Gaussian channel has also been a support in previous bull markets, whilst tested we have not fallen into it; once the bull scenario had started. Even in the May dump.

It was entered once, during the virus dump ¬¬

We are holding:
* trend line, still on the weekly.
* Gaussian entry holding.
* EMA 55 close.

Reconsider my bias if these listed structures fail.

As coinskid says, the greater the re-trace, the greater the impulsive pace (unless this is a double top market).



Comment



Bullish re-test.
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