BTC is trading in a stable BULLISH Channel which indicate a possible re-test on the 7500-7900 zone after the bounced off the bottom channel at 6102$.
At the moment price is trading in a mini ascending triangle pattern which may break to either of the sides, but if break down we expect it to terminate at our ACCUMULATION Zone. But if break up just as we are expecting, it will signal possible continuation to our proclaim target.
Looking at RSI shows some symmetrical triangle pattern which can also break either way.
The post will be timely update as usual for you guys to know what action to take.
Let stay calm and say no to FUD.
Here are some of our past BTC prediction.
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RISK DISCLIMATION Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.
Some tips for you: - Set up an entry/exit strategy for every trade, with good risk/reward ratio. - It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
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Trade in progress, as price trying to ride through the ascending triangle.
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Hi guys,
Please do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. I would really appreciate it.
Thank you for your support.
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Having a quick look on weekly candle, it shows potential uptrend continuation pattern,
Note
More so looking at 3days chart shows potential double bottom which is a good indicator for possible trade continuation in upside direction.
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Guys please SMASHED the like!!!!!
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Smaller timeframe effect, BTC looking good.
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we may have something like this
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Price moving is expected
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BTC still struggling to complete Ascending triangle pattern, moreover we has Bullish flag and pole formation within the whole structure.
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Trade closed: target reached
wow!!!!!!!!!!!!! Great analysis guys. Love you all those that follow this thread.
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