orbborrison

Mama, when does the pump come?

Long
orbborrison Updated   
BITSTAMP:BTCUSD   Bitcoin
I Feel if there is Santa Claus it will bounce this price right now...
Beutifull bullish pattern is closing and either we will finally see
the confirmation pump of the year or play one more dead cat 'till Jan 2020...

1. feel like a buyer around this correction dance.
2. And RSI on 30m is finally oversold and rocketing up. Bulls may give
at least one good fight before we are dropping to form triple bottom pattern.
Order cancelled:
So, this prognosis didn't work out that tells me that we are about to experience
at least another correction down to 6800-6900(forming double shoulders, inverse) or
a massive drop to the new low at 5k-6k.
Trade active:
You know what? This scenario still may play out, and we're talking 7700-8600-10K+ numbers - the impulse's probable height.
A correction, yes, did happen.

But now there's an entirely different story to be told...
What was a correction have just become an impulse(in our mind's layout, and vice versa).
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