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TheCryptoMonkey

Bullish & Bearish Scenario | Triple Bottom

Bitcoin (BITFINEX:BTCUSD)  
TheCryptoMonkey  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators triplebottom Bullish Patterns Bearish Patterns Bitcoin (Cryptocurrency) BTC
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trendanalysis chartpattern indicator triplebottom bullish bearish bitcoin btc
Bullish Scenario:
- Triple bottom has completed
- We consolidate for a few days around this price
before reversal.
- Buy Zone as indicated is $6625-$7000
- RSI level 30 acts as strong support in history
Bearish Scenario:
- If we reach final support at $6457, we would
break formation and could expect lower prices.
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