BTC to RE-Test 7500-7900$ zone again!!!!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys,

BTC is trading in a stable BULLISH Channel which indicate a possible re-test on the 7500-7900 zone after the bounced off the bottom channel at 6102$.

At the moment price is trading in a mini ascending triangle pattern which may break to either of the sides, but if break down we expect it to terminate at our ACCUMULATION Zone. But if break up just as we are expecting, it will signal possible continuation to our proclaim target.

Looking at RSI shows some symmetrical triangle pattern which can also break either way.

The post will be timely update as usual for you guys to know what action to take.

Let stay calm and say no to FUD.

Here are some of our past BTC prediction.

Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. I would really appreciate it.

Thank you for your support.

Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.

Some tips for you:
- Set up an entry/exit strategy for every trade, with good risk/reward ratio.
- It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Trade active: Trade in progress, as price trying to ride through the ascending triangle.

Trade active: Hi guys,

Please do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. I would really appreciate it.

Thank you for your support.
Trade active: Having a quick look on weekly candle, it shows potential uptrend continuation pattern,

Comment: More so looking at 3days chart shows potential double bottom which is a good indicator for possible trade continuation in upside direction.

Trade active: Guys please SMASHED the like!!!!!
Trade active: Smaller timeframe effect, BTC looking good.

Trade active: we may have something like this

Trade active
Trade active: Price moving is expected

Trade active:
Trade active: BTC still struggling to complete Ascending triangle pattern, moreover we has Bullish flag and pole formation within the whole structure.

Trade active
Trade closed: target reached: wow!!!!!!!!!!!!! Great analysis guys. Love you all those that follow this thread.
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Very interesting view. thankyou for the input
I still wonder why ppl chart of the FUD and Fake exchange called BitFinex, owner is same who also created Tether and also the Boble bank... since the begining it has been unstable coin and used for pure manipulaiton.
thunderstrike thunderstrike
@thunderstrike, "Noble bank"
It seems that every body is making BTC to go up and Moon, if that is the expectations and if Big money wants to buy in cheap then down is the only way for now.
weslad thunderstrike
XCryptonacciX thunderstrike
thunderstrike XCryptonacciX
@XCryptonacciX, i know they have been, but I am talking about Funds and Banks and supperannuation etc..when i go ask Financial advisers there is noCrypto assest calss on offer in high risk category, only stock....when in next 5 years we will see this becoming main stream theats the big money i am talking about
I think we are in a bear flag for 2-3 weeks like it happened several times in 9 months,and your channel's upper line is not valid for me,it is way too biased in bullish.Whole TV is full of optimistic reversal charts yet,they all seem delusional to me,at least for now.

-Low Volume
-Lower highs for a long time
-No big improvement in major coins(for daily adoption)
-Altcoins getting crushed into new lows in each btc swing

+Higher lows

Yet 1 positive fact can make everybody bullish,this is a delusion.
+1 Reply
weslad daddycool1
@daddycool1, thanks for your comment, only time will tell.
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