Bitcoin

Incoming W pattern

431
With this idea I wanna bring attention to a possible W pattern playing out in the Bitcoin chart. I am currently short from 6950$ and looking for a bounce around the 5500$ range. W patterns are very common in a Bitcoin bear market, as you can find them in:

April '14
October '14
February '15

It's still too soon to say though, but if we go towards 5500$ I am looking to catch a long and ride it to the daily 100 and 200 MAs at around 8000$.

Good luck to everyone involved!

chrzky

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.