krugman25

BTC Has Built a Rocket Ship

Long
krugman25 Updated   
BITSTAMP:BTCUSD   Bitcoin
A massive Inside Bar / Pin Bar Fakeout pattern has form on BTC's 2 month candlestick chart and has formed just on top of a critical trend line support level. These setups can be very powerful continuation signals. A break above the top of this candle could send BTC soaring up to its previous ATH and well beyond.
Comment:
Keep in mind there are still 2 days until this monthly candle closes, so this setup is pending a close somewhere close to where price is at right now.
Comment:
This is one of the most bullish monthly candlestick patterns I've ever seen.
Comment:
With price now having cleared the top of the pin bar we should start seeing it really pick up steam.
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