Bitcoin
Long
Updated

BTC, typical trading range price actions

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lots of wedge top and bottom pattern.

You can make a lot of money buy and sell in the trading range.

Or you chase the trades and can lose a lot of money.

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here you have it. waiting for the double bottom or higher low
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Daily have wedge 3 pushes down, I am starting long from here, will add more if we have a double bottom pattern.
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Double Bottom, Trades doing good so far, need a higher low to add more.

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Bearish case update:

If we break 20 weekly EMA , I am looking at bearish head and shoulder pattern

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2 cases

Which one you pick?

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I think this is the bottom, will wait the 2nd leg down to confirm but, I am keep adding my long position now

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