BitcoinLong
Bitcoin/Zoomout/Looking for recovery
Hello guys,
I am here again. This idea is published for investors, speculators are welcome too.
If you zoom out your charts you can see that amazing bullish run. Since 3Q of 2015 we are up more than 34x what makes 3400% profit if u invested in this time. Still media will tell you BTC is lowest in history and same things, BTC is down for 80%... Just calm down and zoom out your graphs.
We can see bull flag formed from HH in december. Next week we will probably hit major support 6k which will shape W (double bottom) and guys who missed opportunity in february (panic crash) will buy at this zone. After re-buy at this level we will most probably breakdown bullflag in upward direction. What will create a strong Bullish signal. The higher the time frame the more powerful the candles are. If you do not like risk (here Risk/Reward ratio is really worth it) then wait for this breakdown and long after that.
RSI- last time was so low, major bull run followed (yeah from 2015)
Have a nice trade. Investors will always win in long term. Who are the most richest people? Yeah they all are investors.
Herac
-give me your feedback guys, thanks
-what do you thing about BTC 3.92% nowdays?
I am here again. This idea is published for investors, speculators are welcome too.
If you zoom out your charts you can see that amazing bullish run. Since 3Q of 2015 we are up more than 34x what makes 3400% profit if u invested in this time. Still media will tell you BTC is lowest in history and same things, BTC is down for 80%... Just calm down and zoom out your graphs.
We can see bull flag formed from HH in december. Next week we will probably hit major support 6k which will shape W (double bottom) and guys who missed opportunity in february (panic crash) will buy at this zone. After re-buy at this level we will most probably breakdown bullflag in upward direction. What will create a strong Bullish signal. The higher the time frame the more powerful the candles are. If you do not like risk (here Risk/Reward ratio is really worth it) then wait for this breakdown and long after that.
RSI- last time was so low, major bull run followed (yeah from 2015)
Have a nice trade. Investors will always win in long term. Who are the most richest people? Yeah they all are investors.
Herac
-give me your feedback guys, thanks
-what do you thing about BTC 3.92% nowdays?
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.