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illuminiF0x
Dec 4, 2018 4:32 AM

BTC ready to go up Long

Bitcoin / DollarBitfinex

Description

I see the correction as over now for BTC and its ready to go up. We see lower prices being rejected on higher volume, in a similar fashion to the previous low (see red circle). This would mean the breakout move from 3665 to 4485 was the first impulse up, and we have been correcting since. If this proves correct we can expect a possible final retest of the low before a sharp move up.

Order cancelled

We didn't see our up move so now any breakout from the main trend line here could be shortlived, and a further low to come:
Comments
Saigon210
You are journaling, bro, great job! This will enhance your game even further. Keep it up!
illuminiF0x
@MikeYupangco, thanks Mike! Good luck on your trades!
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