Bitcoin
Long
Updated

Bitcoin, Bulls Fuel or Beef Tenderloin?

16 589
Hi Friends and Followers, look at this chart:
  • 1. Inverted Head & Shoulders: Bullish
  • 2. Flag in uptrend: Bullish
  • 3. Descending Triangle in bottom: Bullish


Whats up with targets?
HODL:
Head & Shoulders target 16k+
Bullish Flag target 16k+
Descending Triangle target 16k+

So, if you still in Fiat, use retracements to dive in BTC, trade altcoins vs. btc and watch for support lines (tripple uptrend lines on chart).

Hope all good trading these days!


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Note
* Ascending Triangle
Trade active
The price moves slowly with caution, the market is now dominated by longs
65% longs / 35% shorts
Trade active
Near support line: snapshot
Trade active
Bull flag breakout snapshot
Trade active
Moving to target, now flag again: snapshot
Trade active
Price near resistance line! Rising Wedge found, Price retracement area: 10700
snapshot
Trade active
Moving as predicted at previous update, price moving in wedge, keep eye on pullback/breakout of support:
snapshot
Trade active
Broke support of the Wedge, moving to 10700 support area:

snapshot

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