BTCUSD PULLBACK in PLAY

26 Nov 2020

Happy Thanksgiving Holiday to everyone out there. As predicted by multiple analysts worldwide, including many "can I buy a clue" self-proclaimed economists on Tradingview, BTC is pulling back after striking the double top. IT IS STILL IN A MONSTER BULL PATTERN WHILE THE TRADERS PULL PROFIT. For those of you who are holding BTC, exercise patience and wait for the pullback level which can occur here, or below 14,000. Be ready for more at those levels. The 17,000 mark is at the top of the channel where it made its last break. Today I am watching for a small bounce here, but not really betting everything on 17,000 taking off forever. I will be trading long off of 14,000 with confirmation of a bull pattern on the 4-hour chart. Just watch the levels and remember that most indicators are lagging indicators. Patience, along with price support levels and candlestick patterns are the true messages of the market.