Short

BTC (Prj.Y19.P5.E3). Bullish Signs

Updated

To be short and to the point:

Bullish signs on a number of indicators and it seems AB=CD to be in play. There are 2 targets.

Close up on MA's on the 4 HRLY Chart

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OR (The red box completes the time component for AB=CD to be bartantic), anywhere in the red box.

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Looking back to my previous post, etc... if this happens, then another puzzle to my gig-saw is filled.

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Looking good especially with some MA giving support to the bounce range and the potential pattern that can play out. I'm still waiting to come in.

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2 and 4 HRLY Chart. 7700 looking the bottom. I also get confidence if I see a bullish divergence and\or pattern taking place.

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Strong support range confirmed by volume in previous range

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I'm still waiting. I don't see bullish signs yet, only indecisiveness. If anything, the formation\s so far look bearish. No RSI clues. Note that the price is hovering around the max. volume range and not moving, another bearish sign.

Trade closed: target reached

FYI, I did enter and my comments are on the next post. Note. BITSTAMP was perfect to the point D, where as BINANCE off in time, hence confusing. I am updating my observations and thoughts in the next post and closing this as it hit the target to enter. Binance bottom was 8710.

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ssari

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BTC (Prj.2019.P05.E02).MyPlan

by ssari

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