Bitcoin has formed a Double Bottom Pattern along with 3 other confluences signaling early Moonish behavior. Price recently broke & closed above a key weekly level identified with the orange line. ($15979). Price is bound to reach the Double Bottom neckline, but before that happens I see a price shift to the inside of a Minor consolidation zone. A close above $16038 would be another indicator to a early bull run. This is my bullish bias for the week. I've set my Intraweek target for price point $16450.
I Appreciate All Likes & Comments, So feel free to if you like or agree with this Analysis.
I Appreciate All Likes & Comments, So feel free to if you like or agree with this Analysis.
Trade closed: target reached:
Target Acquired +300 Pips and some...