ridenz77

Im still BULLISH for BITCOIN since bull signals appears

Long
BITSTAMP:BTCUSD   Bitcoin
Well my chart posted last Dec 25 with Elliot Wave pattern is considered valid


Although Bitcoin surge until 39K last Jan10, it bounces back immediately and now the bullish divergence is still playing.

Another bullish sign is the falling wedge with a DRAGONFLY and DOJI Candles in support/apex area

So still my follow up post in Jan 5 considered valid as of now. This indicates similar retracement as last May 2021. Hoping BTC will play bullish before it goes for a major retracement.


Please DYOR and trust ur own technical analysis. Always have a risk management in your trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.