Could fall to previous support of 30k. Watch out for how this perceived right shoulder forms.
Comment
⋅
Neckline has been breached. Possible fall to previous support
Comment
⋅
Yupppp
Trade closed: target reached
⋅
Given Bitcoins recent 5-year history, I would go ahead and say that we are entering a safe buy area. Although I believe the strong support is between 30-31K, we could start ladder buying in this area. Be aware that there still awaits a long period of accumulation. This is a great time to stake, buy, and wait. Who knows, with big time buyers like Saylor/ Venezuela, we may not have to wait too long before another rise. Gonna go ahead and close this one out.