Long

possible bottom!

Updated

we currently awaiting the major breakout between the 25week and the 150 week moving averages for the price. we have a bear flag formed but with the stoch rsi moving out of the oversold region, and the CCI momentum indicator showing divergence, i feel like we are getting ready to retest the 25 week mvg avg soon. the larger pattern produced over the course of this year is producing a bull flag. if we are truly at the bottom we can expect a move to retest the 20K all time high. now this bearish pattern might result in a breakdown in the price but with the decrease in volatility and the strong support @ 6k i dont see much downside risk. IF you enter at these prices and IF we go back to all time highs you can see a potential 130% return. if you trade like to trade and would like to support my ideas you can sign up on bybit using my referral link . bybit.com/app/register?ref=myOl9

disclaimer not financial advice.

Note

found this just some food for thought.
<img src="alternative.me/images/fng/crypto-fear-and-greed-index-2019-2-21.png" alt="Crypto Fear & Greed Index on Feb 21, 2019" />

Note

birdy619

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