BITCOIN AND 3 WHITE SOLDIERS - BULL RUN - CryptoManiac101
BITCOIN TRADE - ENJOY IT CRYPTO MANIACS
Three white soldiers is a very bullish pattern which moves overall market into bullish sentiment. This pattern consist of 3 long candlesticks that show uptrend and open up within the body of previous candle.
This pattern changes bearish sentiment in the market and although fourth candlestick can be red, overall pattern will continue. This pattern almost always appears after severe downtrend, such at this year of over 70% correction and sometimes results in a newer all time high.
BTC/USD
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Three white soldiers is a very bullish pattern which moves overall market into bullish sentiment. This pattern consist of 3 long candlesticks that show uptrend and open up within the body of previous candle.
This pattern changes bearish sentiment in the market and although fourth candlestick can be red, overall pattern will continue. This pattern almost always appears after severe downtrend, such at this year of over 70% correction and sometimes results in a newer all time high.
BTC/USD
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Short term bull flag spotted - Chart Below
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Guys LIKE this chart! It gives us huge support, thank you!
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Pattern is still solid
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Still short term investor filtration in process
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Until we drop out from bull flag pattern remains active
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Looks like short term recovery is good
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If you want to play if safe guys, have your safe SL at around 6960 but overall pattern as mentioned is still valid. If you're more pro trader, no SL just follow chart and sell of firm downward break after 45M candle closes
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Just to summarize this short term trade, we are bullish until bull flag fails on 45M chart on solid break down.
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Positive CNBC news today will probably push price down if we go back through time
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Just keep safe SL as mentioned above. If or trader or riskier trader, might want to hold for more if in short term trade today. Pattern is solid but news are bearish. Wouldn’t be professional of me to go off on pure news and disregard positive indicators. Hold until safe SL hits or your regular SL does.
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I’m out for few hours. Will update when I’m back.
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If you’re enjoying my analysis, don’t forget to leave a huge like.
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Bears won that fight yesterday but the war is still ahead.
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We have main pattern solid. Three white soldiers are ready to conquer new heights.
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Looks like short term firm support found at these levels. I am still not convinced that we won't drop more today, but let's wait. Medium term traders have nothing to worry. This is mostly for day to short term traders. Enjoy it!
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LIKE this chart please
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We are looking solid right now as we saw this nice bounce off newly found support
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There is much bullish sentiment that you guys don't yet see, but it's coming
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Look at this nice bounce guys
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HOLD
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Trade is looking great
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