tomtourettes

Found a bullish "bat" pattern in bitcoin

Long
tomtourettes Updated   
BITSTAMP:BTCUSD   Bitcoin
On a quick mission to find another bullish indicator for the crypto market, I went looking for more patterns that I haven't learned yet, and almost immediately found that we may have just completed a near-perfect bat pattern, which also might conveniently qualify as a triple bottom. At the very least, it falls on a significant trend line as well(bright green) and of course very close to the psychological $7k level. Let's hope this is finally it...
Comment:
Once again, we learned a pattern and were immediately able to spot it in the bitcoin chart:
It may seem convenient, but we believe it's just the right time to be finding them.
Comment:
It's a butterfly now
 

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.