Zaraki11_AY

VIB/BTC (WEEKLY), BULL DIV, SHARK PATTERN, POTENTIAL 2.5X

Long
BINANCE:VIBBTC   Viberate / Bitcoin
READ WHOLE DESCRIPTION, DO NOT FOMO! I will add additional details

Suggestions for move up:
1. We formed a giant bullish butterfly which led to pump, we tested it's lower fib resistances and did a significant retrace to fuel for the next pump
2. There is Bull Div on significant TFs
3. We seem to be in the midst of a bearish shark pattern leg up

Comment:
Here's the current situation on Daily
Comment: we Need to hold support on green lines and NOT close below the 2nd (and definitely do not wanna pierce our current bottom)
Comment:
Here's why it's imperative that we hold green lines as support, it's because otherwise we would dip hard to complete this harmonic
Comment: the green lines (137, 131)we need to hold as support are the ones to complete bullish cypher, if we go close to the bottom, we will likely fall through and dip to the green lines on my other chart(79, or a crazy single digit satoshi scenario)

Comments

Thanks is 170 a good entry?
Reply
@Nagat, no, please read the chart that shows the bullish cypher forming above, the green lines in the 130s sats range is the buy area
Reply
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