Bullish Saucer on the Monthly timeframe for Bitcoin
Bullish saucer pattern forming on the monthly timeframe
Look for a move above May's high in June for the trigger of the bullish saucer signal, which would suggest entering a long-term position to buy BTC
Will continue to monitor - May's candle close will be important as we'll see if the bar for next month will be green for the Awesome Oscillator, which will confirm a bullish saucer setup
Only thing needed after that is for a move above May\s high ($10,074 currently). Once we get a move above $10,074/May's high in June 2020, we could see a strong bull trend develop once the bullish saucer signal is triggered
Look for a move above May's high in June for the trigger of the bullish saucer signal, which would suggest entering a long-term position to buy BTC
Will continue to monitor - May's candle close will be important as we'll see if the bar for next month will be green for the Awesome Oscillator, which will confirm a bullish saucer setup
Only thing needed after that is for a move above May\s high ($10,074 currently). Once we get a move above $10,074/May's high in June 2020, we could see a strong bull trend develop once the bullish saucer signal is triggered
Penafian
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