orbborrison

Bulls, don't panic, it's a DOUBLE IMPULSE, as expected.

Long
orbborrison Updated   
BITSTAMP:BTCUSD   Bitcoin
Impulse, impulse, impulse formation.

Look at the pattern- this is the text book impulse north.

And it only has began - we are now experiencing the beginning of the 3rd short term wave,
which consists out of smaller(inner) 1-2-3-4-5 impulse.

This promises an unbelievable growth 8000+.

7250 is now the most decisive region(7200-7300).
If bulls protect this level - the impulse is inevitable.

Look closely for the battle around 7250.
The outcome will set the market for a day or two.

+ Also notice "head and shoulders" that just formed.

Only a secret bear will exit now))) I'm in at around 7300...
Comment:
And it seems that the previous pivot 7200 now acts as a strong resistance level, trapping the bears. Proves the above said.
Comment:
9-44 UTC: ARE YOU SETTLED IN? Here we go. Now or never. Here comes the sound of the bears burning alive)))
Comment:
What is also interesting - now bear moves look 100% correctional.
While the bulls have all the big impulses for the past few days.
Comment:
Never in my life I saw the chart THIS BULLISH. Bears gonna cry aloud. If not in the next few days - in the January 100%.
But my body is shaking - I feel all the Bulls in the world are gonna race)))
Hear the CORRIDA run towards you....
I don't doubt now that 10k is expected in a few weeks.
May be even higher, but that would be a speculation.
Trade active:
See a little change of our perception is required.
Scared bears prolonged the bigger correction,
but only to prove that the Bull is coming.
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.