weslad

Bitcoin to give another 300-400% Bullish moves

Long
weslad Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi everyone,

Spotted potential Rising channel on 3days with huge potentials.

Also, discovered a big correlation between 2017, 2018 and 2019 with December 15th been the top of the last major rally in 2017 and turn out to be the bottom of the 2018 and 2019 respectively. All eyes is set to what December 15th 2020 will bring.

The chart is clearly and self explanaroty, and kindly wait for my short term play soon.

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
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Thank you all for the likes, it mean so much to me.

Short term view show case a possible CUp formation.

This formation will become reality if BTC fail to break away from 10,000$-10400$.

The implication of this is that correction will likely follow immediately if price get rejected. So let keep an eyes on the zone.

Potential Buy back is also shown on the chart but it is necessary for top of the rally to set in properly before making final buy back projection.

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Detailed EW count of this last leg. Keep a close eyes also on the green box, this will be our exit zone from the market should incase price break below it. We can always get back in with better price.

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Price finally find its way inside the green box, I go long here with tight stop loss in place let see how this develop.

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Price did bounce as expect away from the green box.

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