first analysis for the year on bitcoin, in this analysis, we noticed price broke-out from a long time continuation correction. i see some nice setups on bitcoin for confirming a bullish momentum for bitcoin.
i see bitcoin to $31k soon
WHAT ARE WE EXPECTING:
a bullish rally (impulse)
HOW DO WE ENTER:
a break of trendline followed by a correction (bullish rejection candle formation)
TRADE INVALIDATION:
when bearish continuation pattern forms
TRADE CRITERIA:
3:1
double bottom
candle formation
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!
i see bitcoin to $31k soon
WHAT ARE WE EXPECTING:
a bullish rally (impulse)
HOW DO WE ENTER:
a break of trendline followed by a correction (bullish rejection candle formation)
TRADE INVALIDATION:
when bearish continuation pattern forms
TRADE CRITERIA:
3:1
double bottom
candle formation
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!