Bitcoin
Long
Updated

BTC - Long update

616
Following on from my triple bottom reversal analysis, we've seen the pattern morph into a 'descending broadening wedge'.

We saw chop yesterday which a lot of people were putting down to manipulation, however none of the original triple bottom reversal criteria (except perhaps the volume) has been invalidated. We now have additional support in the form of the above.
Note
We need to hold 6.5 for a daily close - and a good weekly candle, then i'll go in big.

tradingview.com/chart/A5QUZbhb/
Note
Looking reasonable:
Trade active
snapshot

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.