mlouca

$BTC - Seize this opportunity! 11k pump imminent! Long & Strong!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has officially made a high timeframe high low. The original 9.8k low has held and is starting to look more & more bullish.

Our algo sell signal fired at 11.2k giving, us an opportunity to long the OTE fib level (.75). BTC is currently in an ascending triangle with a top resistance of 11.2k. The rule of thumb suggests that such triangles have a high probability of breaking to the upside. As soon as we get a break above that resistance area, we should easily target 11.4-11.5.

Based on our Exhaustion Algo (located at bottom), we are ready for a significant move up to the 11k range. Our bullish bias stands & dips should be for buying purposes. Only when & if 10.2s are lost should we discuss lower pricing.

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