CryptoAfterDark

tO bear ALL the ta IN cRYPTO

Long
BITSTAMP:BTCUSD   Bitcoin
Using the ICH cloud as an indicator while observing the baseline passage into the candles again in this chart pattern, it appears to me there is about to be another cloud play with bitcoin, once the 2H candles start printing into the bottom of the resistance cloud it appears there is going to be another good solid rally.

World news could be affecting the price of crypto right now, so be aware that good and bad news are creating a lot of volatility in the crypto markets right now.

I was permabull until this latest formation printed after the fib resistance fan was placed.

good luck with your trades, we didn't hit the 0 fib, next time / ( this time ) we really could touch that before a good retrace again.

I will also be doing a long term position TA on bitcoin soon! please watch for it, this is a 2 - 3 year forecast! and it won't be gong show 100k guessing stuff.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.