ChArtWorks_TechnicalArts

Bitcoin Closing in On a Critical Area of Support

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COINBASE:BTCUSD   比特幣
Good afternoon, Bitcoin is closing in on a Critical Area of Support that you DO NOT want to break. There are a lot of Bullish Indicators in the makes right now as we close in on that $6,150 Critical Support Zone which also Coincides with the 1.272 fib extension in Wave C of the potential Bearish Cypher. But the Bearish Cypher may extend Wave C to $5969 at the 1.414. This Critical Zone that we are approaching is the Massive Demand Line of the 2018 Descending Triangle Pattern. This would be such an amazing area of potential value to reverse price action at. With the Bullish Divergence forming, it is extremely probable that around this blue zone we see major price reversal in the upcoming weeks to potentially days. I think it is probable I will be taking a massive long position in this blue zone. My Premium Members will know exactly when and where I take my position. Don't be the one to miss out and then Fomo when it's too late!

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