Good morning, traders. Not a whole lot to talk about this morning but I'll do my best to give you multiple views of current price action. Bitcoin's price continues to trade sideways within a small TR which I have labeled on the 15 minute chart. We can also see that a possible Adam and Eve double bottom is building. This won't be confirmed unless price closes above...
Candle Pattern: Bullish Checkmate
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 20
Fib Entry: 38.2%
Fib TP: 76.4%
Inside EMA/SMA zone: just above
engulfing bear move to the downside. Currently in a bull checkmate just above the EMA/SMA zone.
Might see a nice move to the upper BB...