MoneyPatterns

MoneyPatterns

Using TD Sequential – from brobear 1H – Shows long entry setup 8am EST. 4H – Shows 8. 2 more candles and we know confirmation of direction. Daily – Shows Q (qualifying setup today). Previous daily support from TD Sequential is $7814. Below $7814 next support is $5070 (OUCH!) Watching this closely but still long. Bitcoin butt-pucker time. Daily MACD...

MoneyPatterns

From my original post – “Bump and Run Reversal Bottom?” I see our current GBTC pattern as identical to the BTC pattern as a “Bump and Run Reversal Bottom” with a few differences. ThePatternSite defines the shape as a frying pan, tilted down, with the handle on the left. It is ranked 1 out of 56 (1 being best). See my other post for more details on this pattern. ...

MoneyPatterns

I see our current BTC pattern as a “Bump and Run Reversal Bottom”. ThePatternSite defines the shape as a frying pan, tilted down, with the handle on the left. It is ranked 1 out of 56 (1 being best). The Bump and Run Reversal bottom sometimes appears to me as an inverted head and shoulders, which confirms slightly different during confirmation at the end of the...