TradingView
JacintoMonteiro
Jun 11, 2023 4:49 PM

Triple Bottom (bullish) Long

Bitcoin / US DollarBinance

Description

There´s a possibility of getting out of this SEC news FUD mess if we confirm the falling wedge and get breakout of it.

Just recently, on the daily chart BTC printed a triple bottom which is quite a bullish pattern showing some buying interest in this area.

If we go below 24/25k we are surely still in a bearmarket.

If we break out of this falling wedge prepare for a move above 30k.

Trying to become a bull. Sooner or later will surely happen.

Good luck!

Comment

Artificial I. indicator just signal a green BUY on the 1h chart precisely on the third low of the triple bottom.

Trade closed manually

Invalid TA

Trade active

Trade reopened.

BTC printed another triple bottom in a very sensible area.

Comment

Beware this might just be another false breakout to touch the top of the downward channel (falling wedge / bull flag) and drop more to find a lower bottom, below 25k.

Comment

Possible breakout in play. Inverted HS:

Trade active

Bullissshhhh!

Comment

Green to go!

For now.

Comment

Breakout confirmed.
More