BTCUSD BitFinex Bullish
Updated
Ichimoku and Candle Sticks lining up with a key support level is a bullish indicator.
Price is likely to rebound to at least the 6500 level. This chart does not attempt to predict anything after that.
Good luck.
Price is likely to rebound to at least the 6500 level. This chart does not attempt to predict anything after that.
Good luck.
Comment
The way is open until 6380 which will be the next deciding factor, if that target is reached we can look forward towards nipping at 6394 and the psychological 6400 target level.Comment
Support is building around 6360 levels which is a good sign. Breaking 6380 is key towards initial 6394 Target.Comment
We touched 6380 but did not sustain it, it is absolutely necessary for that level to be retraced and held for this short bull run to continue.Good news is there appears to be some momentum on the buy side.
Comment
Bear Trap at 6375, eat it.Comment
Ignore the price bounce, resistance levels are falling dramatically at the 6400 target, eat away the bear's trap or go down with it.Comment
Bears don't stand a chance, freeway until 6392-6394Comment
Bear Trap rearing its head again, don't fall for it, indicators are still bullish. Buy the trap.Comment
We are still in bear-trap land acquire what you can. Buy the dip.Comment
Keep it up, more resistance is forming at 6360 is a good sign.Comment
Very nice chart, breakout soon.Comment
Strong walls up on both sides, we are waiting for the breakout. High volume too, it is likely a big whale is in acquiring stage. Buy the traps were heading for the target.Comment
Strong walls up on both sides, we are waiting for the breakout. High volume too, it is likely a big whale is in acquiring stage. Buy the traps were heading for the target.Comment
Positive breakout confirmed!Comment
If someone could be in love with a chart! The three little soldiers are here!Comment
A few more bear traps along the way is no biggie. Volume is amazing, were not sideways anymore people!Comment
The traps are your entry on this bounce guys, buy the dip, buy the traps.Comment
Still bullish, don't expect any kind of valid reversal until 6420 either..Classic bullish sandwidch:
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Buy the traps, entry at the dips, buy low fast sell slow high.Comment
Target adjusted to 6415.Comment
Set your alarm's for 6399 and go to bed for a few hours if you're out of capital because right now its just bear noise holding us down. It's ~4:30AM in New York, and afternoon in Shenzen. Mornings and afternoons are usually a bit rough, wait till mid day EST to sell.6415 is still the target unless something changes.
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Going to catch some Zs (bitcoin has hit the snooze button on this one), watch for the 6400 break and take profit anywhere from 6406-6420.Comment
Too much bear noise has caused the market to trade sideways once again instead of bounce as it normally would after a dump.HODL a little while longer, this may take some days more to happen.
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We have bounced! Grats those who held out this far.Trade closed: target reached
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