orbborrison

God save the Reversed Bullish class A!

Long
orbborrison Updated   
COINBASE:BTCUSD   Bitcoin
Yeah.
A very strong triple reversed bearish divergence c.A has just kicked in.
This is a sign of a great bearish pressure.

But a small return fire finally came from the
(asian? already? hard to keep up with everything...)
markets and we have consumed a lot of the impulse related to this divergence
by another small divergence - but this time a reversed bullish class A.
And you know what? Not dropped yet...

The resistance at 7167 is very VERY strong. The price rarely goes below.
So this proves bulls still strong. But the changes are obviously coming!
Now we either drop to 6800+, and then flatting for a week or so,
and then rocketing up, OR simply rocket up right now I say.
The market is a lot more faster then the years ago. I believe
we may even pump in a few hours, when the Europe banks are open!!!

This reversed bullish class A is like a star! It holds the all pressure
from thousands of greedy bears. And holds, surprisingly!
It may fail, but don't fear - if a dip to 6800 happens this will be
the finite la comedian for the depression period for GOOD!

All bull!

P.S. The reversed bullish class A generally confirms
the continuation of the parent trend. It is mostly formed
as a correction inside a bigger structure.
Comment:
The whole picture...
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