MrXlVii

MrXlVii

Double bottom pretty much confirmed. $BTC reversal imminent. I am no longer bearish.

MrXlVii Updated 

Just read the chart.

MrXlVii Updated 

I think if this fractal is going to continue to play out as it has, then we have a ways to go before the bear trend reverses. Just like in 2014, we bounced all the .618 fib and experienced a mini-spring, but following that bounce, BTC fell below the .786 and stayed there for a while. Jump to 2018, that would mean we could see prices around the $4500 level. Stay...

MrXlVii Updated 

This is my idea for a short term scalp. BTC seems like it's going to break upwards out of this pennant. Play a long, looking to close it around 6800 level when it hit long term downtrend diagonal.