speaking_tree

btc/usd: time to go long?

Long
BITMEX:XBTUSD.P   Bitcoin
Indicators in LTFs show that during the dump we had accumulation. Bears went weaker during the dump and looks like people started accumulating during the dump so i could expect a little rise in the next hours.
We had a low, the the low was raided so a possible Quasimodo pattern could be formed. For a complete Quasimodo, btc now should rise to 9050, then dump to the first low (8700) and should go up.
If you wanna try to anticipate the quasimodo, it's possible going long now with TP at 9050, or wait for a dump in 8700 area and go long.

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