BITCOIN BREAKOUT - Ascending triangle lovers
Hey there,
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As you can see we are most likeley in an ascending triangle in Bitcoin, which sends of strong bullish signals.
We had a breakout recently above 7k, but I already expected a rejections, since this breakout was
in my opinion premature. I expected a third touch of resistance, a retrace down to support, befor then
finally significantly breaking 7k. Also btw a perfect touch of the fib retracement from 3k drawn to 14k.
You would know all of that if you were watching my youtube videos.
If you arent't an accumulator down here, I would suggest thinking about your trading strategies and most likely
moving away from trading, since you obviously are a herd thinker and do what others tell you.
Of course this is not financial advice, but this is the time to buy Bitcoin heavily and buy more if it drops lower.
Although I think that this is very unlikely.
Cheers,
Konrad
Please support this idea with your likes and follow me on Tradingview.
As you can see we are most likeley in an ascending triangle in Bitcoin, which sends of strong bullish signals.
We had a breakout recently above 7k, but I already expected a rejections, since this breakout was
in my opinion premature. I expected a third touch of resistance, a retrace down to support, befor then
finally significantly breaking 7k. Also btw a perfect touch of the fib retracement from 3k drawn to 14k.
You would know all of that if you were watching my youtube videos.
If you arent't an accumulator down here, I would suggest thinking about your trading strategies and most likely
moving away from trading, since you obviously are a herd thinker and do what others tell you.
Of course this is not financial advice, but this is the time to buy Bitcoin heavily and buy more if it drops lower.
Although I think that this is very unlikely.
Cheers,
Konrad
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