DrDovetail

btc closes weekly candle as a bullish engulfing candle!

Long
COINBASE:BTCUSD   Bitcoin
time to buckle up and enjoy the ride! We have currently retested the double bottom neckline and should confirm a daily higher high on the next 1 day candle...that along with the 3 day golden cross and the weekly closing as a bullish engulfing candle means there are bull signs everywhere! There still a slight possibility on this first attempt to trigger the double bottom that bearwhales could still dump us back down even all the way to 8.5k or even 7.2k on a fakeout...but as long as we achieve the higher high on the daily which I strongly believe we will....we could do a fakeout and dump here and still very easily rebound around that zone and still trigger the double bottom. I'm not relying on or waiting for a dump like that to occur but will have a little bit of fiat ready to buy a dip like that should the opportunity arise.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.