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UnknownUnicorn6653705
Feb 18, 2020 3:59 AM

Bitcoin is bullish again! 做多

Bitcoin / United States DollarCoinbase

描述

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In last updates of previous idea I mentioned that a break of 9700 can make Bitcoin bullish again. Now we have this break of 9700 and soon going to have confirmations like 1h/4h close above this level. Price has also broke a bull flag.

Think now Bitcoin is going to test upper side of this range again - 10k zone. My long is already in profit, going to see price reaction of 9900-10k levels to decide if its worth to keep holding or not. Why? Because to be really bullish Bitcoin still needs to pass critical level of 10060 that I mentioned in previous idea as well! Its still good to buy/long with targets above 9900 but if price fails to pass 10060 there can be a big dangerous head & shoulders on chart.
Also there is a big gap on CME which is probably makes it easier for bulls to break 10k.

I will post new updates of this idea.

评论

New analysis:

评论
roosgart
It is indeed, similar view with a different angle here:
UnknownUnicorn6653705
@roosgar, nice
UnknownUnicorn6653705
@roosgar, good idea
UnknownUnicorn6653705
@roosgar, :)
Leonchess-Stackzz
nice here my new outlook
UnknownUnicorn6653705
UnknownUnicorn6653705
UnknownUnicorn6653705
Skimanner
That pull back your forecasting at $10,000 is extremely unlikely based on my formula.



And if u look at my previous idea from last night you will see i forecasted that line at the beginning of the uptrend
UnknownUnicorn6653705
@Skimanner, indeed
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