TheForexSamurai

A possible 124% plus price increase in the future here in BTC?

Long
TheForexSamurai Mis à jour   
BITFINEX:BTCUSD   Bitcoin
We will see what will happen as for market, we have a potential bullish bat pattern formation in the future once again from the previous winning bullish bat pattern (hitting TP1). See link to related ideas about the previous setup.

Setup 1:
Setup 2:
In line to that, we also have a potential bearish Cypher and Bat pattern fomation that we are going to look for possible targets (from long/buy trade) and sell in the future depending on future market/price action. As we also have a bias on a specific key level for us to look upon, once market price action touch or break the level (red dashed line) we will be having an invalid setup for both long and short. Trade with care and good luck!

Commentaire:
We could also spot a potential diagonal support.
Commentaire:
Almost hitting TP one. Congrats for those who went long from our expected price level for a long/buy entry.
Commentaire:
TP 1 and TP 2 reach...

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