Bitcoin
Long

Bitcoin could be forming a potentially Triple Bottom pattern

923
As I promised here is my description !

While everyone is complaining about the decease of the last two weeks, I see a potential growth between now and the 18th of august!
In my opinion Bitcoin is making a tripple bottom.

There is to much support and good news to go a leg lower. If the confirmation line breaks around 610 we can calculate the new resistance level. This will be: 610+ (540-680)= 740 +/- It's safe to buy around 610 because if that trend line is broken we will see a new rally to around 740!

If my opinion isn't correct we will fall down to around 420, but this seems very unlikely to me.

Have a great day guys!:)

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.