TradingView
coingraph
Nov 27, 2018 2:43 PM

Bitcoin 4H Adam and Eve Double Bottom Watch Nov 2018 

Bitcoin / Tether USDPoloniex

Description

Not trying to call bottom. This is just a 4H chart I'm looking at. But I appreciate how it appears to be unfolding on a strong fib support level.

Anyway, let's let the chart do the talking. Respect for everyone still in the game!
Comments
coingraph
That said,
1) Recognize like in that jpg link we have to confirm support here for another leg up. Be patient; don't panic. Have a plan.
2) Respect the fact that 4H Kumo (Cloud) has been strong resistance for a long time except for that day we had major tether illiquidity.
3) Use your risk mgmt strats. Protect and secure your profit. Trail your stops below previous candles' bottom wicks. You can always re-enter upon confirmation of another leg up.
4) PROFIT!!!

My updated chart:
coingraph
Broke out and now Eve has a cup and handle. We are at the horizontal / neckline resistance. Your move, bitcoin.

More