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NecRose

Bitcoin; the Diamond Bottom is in, long to 7000!

Long
Bitcoin (BITFINEX:BTCUSD)  
NecRose Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC BTCUSD XBTUSD diamondbottom cryptocurency dollar Bullish Patterns bottom
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trendanalysis chartpattern indicator bitcoin btc btcusd xbtusd diamondbottom cryptocurency dollar bullish bottom
The diamond bottom is in for Bitcoin -0.49% if the bold turquoise trendline holds.
Long above 6400, target 7000, stop 6180.
Everyone is waiting for sub 6K to buy in and lots of shorts might get trapped so I can see plenty of people underwater.
It would be a classic move by bitcoin -0.49% to turn up from here.

RSI and MACD showing bullish divergence, sellers exhausted after the broadening wedge.
Trade active:
Bulls defending that 6180 area like hell, fingers crossed! Holding the line.
Trade closed: stop reached:
RIP

going down. Diamond bottom invalidated quickly.
Trade active:
It might have bounced from 6159.
Trade active:
Didn't close below 6180. LOOONG....LONG FOR FINANCIAL FREEDOM.
Trade closed: stop reached:
Pattern completely invalidated, no Reversal in sight.
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