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BTCUSD forecasting time! 20-5-2021.
Greetings fellow traders!
Looking for some bullish info? Here we go...
The 4H chart already confirmed this a bottom. However, if you want a 2nd significant confirmation. Then the upcoming daily candles has to keep closing above the support.
As you can you see we have a falling broadening wedge, which has a high probability of breaking and/or otherwise diverging bullish. If it is, then I believe we're just half way similar to the 2017 bull run. This is just the second stage of the stair pattern. I call it the DSI pattern.
If history repeats itself. Well, we might see the 100k region somewhere in Q3.
Good luck, be carful and may the trend gods be with you! Don't forget, the trend is you friend!!!
Looking for some bullish info? Here we go...
The 4H chart already confirmed this a bottom. However, if you want a 2nd significant confirmation. Then the upcoming daily candles has to keep closing above the support.
As you can you see we have a falling broadening wedge, which has a high probability of breaking and/or otherwise diverging bullish. If it is, then I believe we're just half way similar to the 2017 bull run. This is just the second stage of the stair pattern. I call it the DSI pattern.
If history repeats itself. Well, we might see the 100k region somewhere in Q3.
Good luck, be carful and may the trend gods be with you! Don't forget, the trend is you friend!!!
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