David_Smith
Long

BTC|USD - Time To Think...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Greetings. Please leave a Like if you like the idea

On daily we have 4th bullish flag in a row, previous three worked perfectly and reached their main targets.

Take long on current level is not recommended thought better to wait for a breakout of the bullish flag to confirm the pattern.

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Peace Out!

Not a Financial Advice

Comments

Same here. Called it a bear flag going to 9k yesterday and now your all bullish? Whatta bullsh@t...
+2 Reply
@Sieb-47, buddy come to check yesterday's chart. That was meant to be a descending channel and the "Berish flag" was very small near the lower boundary of the channel. To enter short it needed to be confirmed, but we did not get the confirmation.
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Sieb-47 Sieb-47
And now we’re at $9750 again... Goog luck going to $10800. Time to think I guess...
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you made good analysis) it's my btc analysis
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Like it!
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ZECUSD 2D speculative setup 80% gains (NEW)
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Ok David, nicely presented that graphic with the formation of 4 bullish flags....my question is why you seem so confident that this pattern will continue? I mean why after those 4 bullish flags we can not expect 3 or 4 bearish flags being formed soon?. Thanks.
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@Tapita, "Take long on current level is not recommended thought better to wait for a breakout of the bullish flag to confirm the pattern. "
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