BTC UPDATE! DIAMOND BOTTOM PATTERN.

29 giu 2018

Hi, guys! As we discussed earlier, BTC didn't manage to close the inside bar over 6200 which led to another quick drop. Now, we have a double bottom, but most interesting that price drew a very rare Dimond Pattern. Now we have a diamond bottom and breakout from 5950 will be a bullish confirmation. This pattern is rare and this is a reversal pattern that works out very well. Let's watch the price action and enjoy :)

//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//

29 giu 2018

Nota

Breaking out upwards

30 giu 2018

Nota

Painting a bullish flag. Red zone on top should be tested eventually. If we'll break it - next stop 7600-7700

1 lug 2018

Nota

Here we go!

2 lug 2018

Trade chiuso: obiettivo raggiunto

But this is just a beginning :)