Long

BTC Has Built a Rocket Ship

Updated

A massive Inside Bar / Pin Bar Fakeout pattern has form on BTC's 2 month candlestick chart and has formed just on top of a critical trend line support level. These setups can be very powerful continuation signals. A break above the top of this candle could send BTC soaring up to its previous ATH and well beyond.

Note

Keep in mind there are still 2 days until this monthly candle closes, so this setup is pending a close somewhere close to where price is at right now.

Note

This is one of the most bullish monthly candlestick patterns I've ever seen.

Note

With price now having cleared the top of the pin bar we should start seeing it really pick up steam.

krugman87

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