weslad

Bitcoin Market update

BINANCE:BTCUSDT   Bitcoin / TetherUS
So far so good Bull have been try all the best to hold back the price firmly. The fight between the Bull and the Bear is still on to know where price will move to either for continuation of the previous pump or going for normal correction as BOLDly described on some of our previous post.

Today I discover a very interesting pattern when playing with Bitcoin chart in an INVERTED VIEW.

The pattern is about ADAM and EVE

We can also call this pattern Ascending triangle Pattern.

Everything about these pattern are well shown on the chart with their target.
This idea is a quick action to open our followers eyes to the market opportunity.

When any of the DEFENCE ZONE break we should act immediately by going in for a re-test and move towards the direction of the breakout.

Thank you and I hope this idea will help someone in making good trading decision.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas

Thank you.
Trade active: First test on the BEAR Terriroty got massacred
Trade active:
Trade active:
Trade active: Hello,

Sorry for not be able to give update since, I was away from my work station, as we can see price already breakout from the BEAR Defense zone and it already re-test it which turning this zone to be our immediate support.

The whole view now has turn to full Bull mode with the expected target shown on the chart.
Trade active: Almost at Bull target as shown on the chart from the last update.

Trade closed: target reached: Target achieved time for litttle corrections.

I will try and post new analysis today

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Comments

I would be happy if something like this happens but I really do think bulls are very strong and it won't make it to target, maybe mid 8000's. There's some new retail money coming in due to the halvening and due to so many Americans and Europeans getting a stimulus check.
+8 Reply
jimcubed kirbyr
@kirbyr, what’s the evidence for the new retail money coming in ?
+3 Reply
kirbyr jimcubed
@jimcubed, prices going up for no reason.
+6 Reply
@kirbyr, could you please check it once!
Reply
@kirbyr, For no reason? We have been extremely bullish ever since 3500... Every indicator pointed bullish throughout the whole time (I'm talking about useful indicators, not TradingView oscillators). Gold has almost made a new all time high since the drop, both gold and Bitcoin are heavily outperforming the stock market. People that previously felt they missed the boat are now getting in when they realize it isn't going to 4k anymore. If you ask me, it's just weird this didn't happen any time sooner, but then again so many traders have been bearish ever since 3500 for no good reason.
+1 Reply
Comment removed.
MJC77 BTC_Halving_054
@BTC_Halving_054, You idiots again. You don't give up do you? Reported to the real Binance. Traders - don't believe their link, they're Binance imposters
+5 Reply
@MJC77, as long as it keeps working why would they give up? gives you a sense of how many naive people there are in this young market..
+2 Reply
CJ06 MJC77
@MJC77, Binance can't do anything. TRADINGVIEW SHOULD DO SOMETHING BECAUSE I SEE THIS GUY SPAMMING DAILY AND THEY DON'T EVEN MOVE A FINGER.
+3 Reply
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