Silkman

Bitcoin Bump-and-Run Reversal Bottom

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Silkman Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Bump-and-run reversal bottom here in its run phase.
Price dropped off following the Lead-in Phase, moved into a narrow range, bump formed, rounded upward as price left the bowl and onto the uphill run with retest.
Final existing downtrend sitting at 30k. If the bump and run plays out perfectly, it will visit that level.


Kommentera:
What a run. Closing in on some big levels here.
Kommentera:
Above this fib is clean air to the downtrend at 32k
Kommentera:
Bullish channel. If we hold the 1.272 through the fud then we go up to upper fib and dt, lose it and its 23k massive buy
Kommentera:
Held and responded as expected
Kommentera:
These fibs are something else...
Kommentera:
Went right to the top, this has been an outstanding trade
Trade stängt: målet nått
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