rickyricardo531

Linear Graph --- All I see is BULL

Long
BITFINEX:BTCUSD   Bitcoin
Yea, it sucks were going down at the moment, but all i see are long term up trends. Pick your buys at the right time!
Comment:
Dotted yellow line outlines the support for the BTCLONGS.
200MA still keeping us under; as we approach the end of the triangle (point where green and red line intersect) buying pressure is mounting. Like my other charts, if we break downwards its looking like the 4000ish range for some time until we rocket up for the next bull run.

Patience is key.
Comment:
Update: Disclaimer **Please do not take any of this as trading advice, im simply publishing my vision**

This could be a market setup. Short squeeze to set up for FOMO and feed the LONG holders to sell and dip the market without support from the SHORT holders. If this takes places were definitely going to the lower in the bear channel.
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