go8686

Will Bitcoin Go Back to the Ascending Channel as Whales Expect?

BITMEX:XBTUSD.P   Bitcoin
Bitcoin (XBTUSD,BTCUSD) got strong support in a violent way, out of many people's exception. Whether it was manipulated by whales or not, a Demand Zone is out there: 9100 - 9500.
Signals:
Double Long Wicks in 1H
Blue in 4H Ribbon of "9 Seasons Rainbow Multi TimeFrames Pattern": which indicates strong support

Expectation for Later move:
66.6% The Support will push Bitcoin back to the Ascending Channel.
33.3% The Support will be broken down eventually, and Bitcoin will Drop below 9100.

Do you think this support is the will of some whales? Welcome to share your opinion here.

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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.

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