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BITCOIN GOT VALID SUPPORT, BULL MAY TEST 4050 RESISTANCE SOON

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Bitcoin (CONBASE:BTCUSD) just got valid support.
Double Bottom Pattern is obvious.
Bull is showing strong desire to challenge 4050 resistance, which may happen within 72 hours.

Signals given by 9 Seasons Rainbow Multiple Time Frames Pattern PRO Indicator
Crazy Sold(Fuchsia) -> Oversold (Blue) indicates a failed breakdown and Price recovered to the support.
This happens on 42m, 1H, 2H Time Frames.
Overbought(Yellow) on 339m time frame indicates strong resistance at 4050 which was tested on March 21.

Some altcoins got support as well with the same signal:
LTCUSD
لقطة
ETHUSD
لقطة




ملاحظة
LTC PUMP FIRST
لقطة
ملاحظة
DISCLAIM
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
أغلقت الصفقة: تم الوصول لوقف الخسارة
New ideas related:
When Trends of Different Time Frames Conflict
Bitcoin (Cryptocurrency)BTCUSDCryptocurrencyDouble Top or BottomETHUSDLTCUSDMultiple Time Frame AnalysisoversoldSupport and ResistanceXBTUSD

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A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.

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