BTC Analysis Mashup: pullback or wick?

znog(38)
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#bitcoin
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Yesterday's triangle was closing so it had to blow... and so it did, to the upside. Usually it goes up, returns back and shoots up again. This is referred as a "pull back"... but there is another option: it breaks up, then reverses violently. For now it looks like a pullback to me.

Now, to get some real nice input, read this guy:
https://www.tradingview.com/chart/BTCUSD/a9YIU2ev-BITCOIN-They-Even-Don-t-Hide-Their-Movements-Anymore/

He is actually saying what I just did, but in a more concise, professional way... and with real background knowledge!

So... we are already well into the Ichimoku, with AO well into the uptrend region. I'm in!!! But with caution ;)

Screenshot from 2018-08-13 10-31-37.png

WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.

BTC Analysis Mashup: pullback or wick? | Ecency