Description
⋅ As we can recall after the formation of double bottom price has been holding above the the previous low.
With this we can pinpoint potential bat formation in progress.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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⋅ Here is what I think presently on BTC, look like we find strong support at 3400 zone.
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⋅ We break away from this Bull flag
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⋅ price attempting re-test of previous level
we should keep an eyes at 3550-3570 level for possible reversal
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⋅ Some of my previous view
Bitcoin in possible Ascending Broadening Wedge
Bitcoin Double bottom with flag formation
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⋅ BTC must find support and stay above 3500$ for all my bullish view to work. Fingers crossed we find bottom at 3537$ let see how this develop
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⋅ To those that follow the chart clsoely, BTC took the drive down to our provided entry zone.
Let see what next now.
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⋅ Trade active
⋅ Gartely formation in progress
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