AlphaCurrencyTrader

Reverse Batman Pattern BTC LONG

Long
INDEX:BTCUSD   Bitcoin
I bet you've never seen BTC and Batman in the same room before...

We are seeing a 15 minute reverse head and shoulders playing out here. It seems to be only a matter of time before BTC continues its uptrend here.
Stock to flow is way off base, and studying all previous cycles, we truly haven't seen anything yet.

Also, shorting the last 2 weeks has been wayyy too easy, textbook setups have played out perfectly. This is typically the time a strong directional change occurs. Bulls got too comfortable in April, Bears are getting too comfortable in May. Look to June and July for this thing to run to new ATHs. Mark it!


Short Term Price target: $39,450
Target 2: $41,850
Target 3: $47,750

I'd expect a pull back to retest the $42,000 level if we can break through and hit Target 3. And that where the real fun begins!

The Masked Crusader is about to show its face!


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