39.6k Local Bottom Confirmed, Bullish Reversal incoming
Good evening Traders,
The ascending support line originally at 30-39k was broken on December 3rd which explained the large price fall on BTCUSD. Measuring the first impulse-down on the ascending support line and then taking that measurement and applying it to the breakout, it is revealed that 39.6k was the price target for this move. From this point on, I will have a 20x long open and tp order at 50,000.
Safe trading
-Pulkanator
The ascending support line originally at 30-39k was broken on December 3rd which explained the large price fall on BTCUSD. Measuring the first impulse-down on the ascending support line and then taking that measurement and applying it to the breakout, it is revealed that 39.6k was the price target for this move. From this point on, I will have a 20x long open and tp order at 50,000.
Safe trading
-Pulkanator
Penafian
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