Bitcoin bumble
Updated
I look at this chart and ignoring the intriguing price action near the first sine, I think of only one thing: It's show time! I don't know if there will be any meaningful signals near the shapes for a definite entry point in the market (futures in case of a short sell), but I am still expecting some surprises.
Note
When I posted this the 1h candle was not finished. It ended up higher creating a decent engulfing pattern. The price action at the upper end of the oval is priceless. Meaning that I like it. Wherever the price goes from here it has to interact with my shapes again.
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.