Bitcoin confirms direction. Back into Bull channel. Go Long!
Well, here is the confirmation that I personally have been waiting for. Bitcoin is now back into my Bullish GREEN Channel. This is where I go long again.
Not only have we entered back into the sweet, sweet pastures of GREENland but several additional HUGE indicators help to confirm that this move should last and land us in our next target area of $4500-$5000:
-A break above downward sloping PINK trendline
-A break above our previous ATH
-Stochastic & BB pointing up
If you've been waiting as I have to get LONG again on Bitcoin, here's your sign. Enter with trailing stops updated frequently and following the lower trendling of my GREEN channel.
Have fun making those long awaited profits folks and as always, happy trading!
Not only have we entered back into the sweet, sweet pastures of GREENland but several additional HUGE indicators help to confirm that this move should last and land us in our next target area of $4500-$5000:
-A break above downward sloping PINK trendline
-A break above our previous ATH
-Stochastic & BB pointing up
If you've been waiting as I have to get LONG again on Bitcoin, here's your sign. Enter with trailing stops updated frequently and following the lower trendling of my GREEN channel.
Have fun making those long awaited profits folks and as always, happy trading!
Trade closed: target reached
$4000 target reached. This happened far sooner than expected and so it could get ugly in the next few days/weeks. But if you missed this massive move up, you'll likely get a chance to hop on board soon. 
Stewdamus Trades -
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.