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jimo79

Fractal Analysis - Probable Bull Leg coming for BTC

Long
Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
jimo79 Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis BTCUSD BTC BTCUSDT
3
3
trendanalysis btcusd btc btcusdt
Looking back at the March 20 Bullrun, confirming the same period on the 2HR and 4HR cycles, we have a very similar setup which preluded a large move up. Keep an eye on price action.

I am not responsible for losses. Trade smart with good risk management.
Comment:
I may have placed my arrow on the left too far to the left. Looks like we went straight up from the dip under the 50MA. See what happens from here...
Comment:
Trade closed manually:
Analysis was correct and even predicted the drop if you scroll right on the two charts.
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