pinfkloyd的BITFINEX:BTCUSD的Clear view on BTC vol.3

Clear view on BTC vol.3

This time We have huge chance for bounce. As the time flew We have better picture here.
Finally proper additive volume appeared.
Chart explains everything. Bitcoin $13.500.
I will stream,answer and help.

註釋

Fractals gonna fractal.
Buyback at $9000

註釋

Buyback, refill.

註釋

If You are confused about yellow line, You can check my previous idea with explanation, on 4hr time frame we have local situation that have influence on current price action. Neckline was local resistance, broken twice in both ways. Second one gave us clear sign, that price is bottoming out.

註釋

Sometimes it's hard to predict the bottom, but there it is:

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entry call.

註釋

should the price stick to neckline. In other case stop needs to trigger

註釋

still retesting

註釋

target $11.000

註釋

There is no reaction, We don't know for sure if yellow neckline has been declined

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BTC breakthrough. Target 12.400

註釋

Succesful breakthrough takes us to safer place on this market. This time We need to track meeting with higher wing of bull flag.
Pure uptrend

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Atleast meeting with red line is expected

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Situation has quickly solved, there is caution zone. We have to let it go for a while, no trade there. White lines are possible scenario of bullflag and inverted H&S completion that could lead us to atleast $18.000