Bitcoin Accumulation continues

Hello everybody, market consolidation continues but ever since this sideways started price has been within some specific pattern which are bullish in nature.

Pattern in view are:
CUP formation with target at 5400$-5600$
Bullish Flag and pole with target at 5100$-5400$
Inverse Head and Shoulder with target same as Bullish flag and pole.
Bullish Oscillating indicator

Spotted some strong level for us to watch for where if price come nearer to them we should expect serious bounce.

The accumulation zone has been proven strong ever since the beginning of this sideways.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss to all your trade.

Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.

Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.




Some of our previous view are shared below:

Called this potential opportunity where we shared good entry level with stop loss

We spotted some crazy move with price action Pin Bar on this post

We earlier talk about the cup formation from here
Potential CUP formation with target around 6000$

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Price moving in potential ABCDE pattern with wave D completed and we may descend down to last wave E where we should have our potential reversal point for upside continuation.

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Great breakout from the wave D side, interesting, pump it guys

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Hi guys I updated this post with my short term view this will serve as daily updates. We see possible target of 4k

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Price break above strong resistance level.