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Daily BTC "W"
Bitcoin
Long
Daily BTC "W"
By BallsOfSteel32
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Oct 12
6
Oct 12
Idea has been iterated in previous linked ideas.
Double bottom has formed and price is shifting bullish in a "w" shaped formation.
Green fibs between the 3.618-4.618 is long target. Stoploss is below daily channel.
Not financial advice. Do your own DD.
Thanks for reading the idea.
Oct 19
Note
here is the 30 minute view. the PA is showing temporary weakness as the price has fallen below the 50 simple moving average shown in the chart above
Oct 23
Note
this is the formation I overlooked and is closer to the central topic of this idea. the chart below is the daily.
Bitcoin (Cryptocurrency)
bitcoinprice
BTC
BTCUSD
Chart Patterns
Cryptocurrency
cryptomarket
Technical Indicators
Trend Analysis
BallsOfSteel32
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