Bitcoin CME Futures
Long
Updated

Chart Pattern Analysis Of Bitcoin

166
https://www.tradingview.com/x/cB7fD7Yu/

From K1 to K3, it is strong bullish morning star pattern,
The increasing demand and bull gap verified the bull trend.
It is very likely that another bull run had started earlier.
It is a potential Wave(5) of this three year bull market.
So, I bought it here.
If the following candles close below K1,
I will try to get out of the market.
Note
snapshot

K4 verified a potential uptrend and it tested the upper price area of a bullish morning star pattern.
The demands keep at high level and close at high price area.
It seems that the following candles or the month candle will close upon the uptrend line.
So, it is very likely that another bull run had started earlier.

Long-68775/ Stop-67200/Target-74000

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