capsule91

Clear case of long on the BTC/USD house!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BITSTAMP:BTCUSD
Case for the bulls...
1.A longer term bearish abcd with a bullish CD leg under formation
2.Breakout from the ichimoku cloud on the four hr chart , both lagging line(Chikou span) and price action
3.Fibonacci retracements of 0.382 bokeen on good volume support (although not a clear brekout)
4.A inverse head and shoulder with classical volume pattern
5. Bullish trendline being respected
6. Money flow converging with price
Potential reversal zone starts at 12884 to 14416..

Comments