rexlomax

BTC Bull scenario

Long
rexlomax Updated   
BITFINEX:BTCUSD   Bitcoin
There is a possibility that a bitcoin bounce will come and take us back to 9500-10k once again.
This will only be possible if current support at 6k keeps holding. There is currently a minor Head and Shoulders Bottom being formed (4hr) if this pattern fails to provide the necessary confidence for such rally then the last option would be a double bottom at 6050-5800$ (1D) I think this month will be crucial, if the bulls don't show up soon and break 6800 then we could go to 4.5k and 3.5k as i've been mentioning for months.
Comment:
This is the accumulation schemantics i'm watching right now
Trade active:
En route
Comment:
How are those profits?
Your welcome.
Comment:
Above 6800 is mega bullish

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.