BullishStars

Relax PLEASE! Everything’s fine.

Long
BITMEX:XBTUSD.P   Bitcoin
As you can see, from Feb 2019 to now there is a lot of good patterns in #bitcoin chart. Today it reached between 5500$ and 6000$ that there is a very good zone for supporting. Firstly, I illustrated a Bullish Gartley Harmonic Pattern over the period Feb 2019 to now. Secondly, there is a wonderful descending channel and I'll expect to touch it in swing low tomorrow. If the descending channel goes down, I think we will have a terrible disaster for Cryptocurrency Market. But it may interest you to know there is a MA 1500 as a perfect supporting near the channel.

In conclusion, I have a strong desire for increasing bitcoin price in the near future.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.