go8686

Will Bitcoin Go Back to Ascending Channel as Whales Expect?-uk

Long
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin ( XBTUSD , BTCUSD ) got strong support in a violent way, out of many people's exception. Whether it was manipulated by whales or not, a Demand Zone is out there: 9100 - 9500.
Signals:
Double Long Wicks in 1H
Blue in 4H Ribbon of "9 Seasons Rainbow Multi TimeFrames Pattern": which indicates strong support

Expectation for Later move:
66.6% The Support will push Bitcoin back to the Ascending Channel .
33.3% The Support will be broken down eventually, and Bitcoin will Drop below 9100.

Do you think this support is the will of some whales? Welcome to share your opinion here.

PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
PM the author for a trial of the indicators. 联系作者要求试用指标。
A Trading Indicator Artisan, JAVA Programmer, who is helping traders improve productivity.
JAVA程序员, 专注于加密货币交易指标开发,致力于帮助交易者提高效率。

Comments

Thanks for sharing. The curve drawn is brilliant - part of the 'Theory of curves'. I hadn't seen it before though it was right in front of me. Excellent find.
Reply
go8686 Captain_Walker
@Captain_Walker, Thank you for sharing your opinion. I should thank Tradingview for this brilliant Charting Platform. :))
Reply
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