BitcoinLong
Bitcoin; the Diamond Bottom is in, long to 7000!
Updated
The diamond bottom is in for Bitcoin -0.49% if the bold turquoise trendline holds.
Long above 6400, target 7000, stop 6180.
Everyone is waiting for sub 6K to buy in and lots of shorts might get trapped so I can see plenty of people underwater.
It would be a classic move by bitcoin -0.49% to turn up from here.
RSI and MACD showing bullish divergence, sellers exhausted after the broadening wedge.
Long above 6400, target 7000, stop 6180.
Everyone is waiting for sub 6K to buy in and lots of shorts might get trapped so I can see plenty of people underwater.
It would be a classic move by bitcoin -0.49% to turn up from here.
RSI and MACD showing bullish divergence, sellers exhausted after the broadening wedge.
Trade active
Bulls defending that 6180 area like hell, fingers crossed! Holding the line.Trade closed: stop reached
RIPgoing down. Diamond bottom invalidated quickly.
Trade active
It might have bounced from 6159.Trade active
Didn't close below 6180. LOOONG....LONG FOR FINANCIAL FREEDOM.Trade closed: stop reached
Pattern completely invalidated, no Reversal in sight.
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