TradingView
Monsieur_Gato
23 dec 2017 02:48

BTC Next Leg Up Lång

Bitcoin / United States DollarCoinbase

Beskrivning

Still some uncertainty in the market.
I believe we are on the next leg up to new ATH.



"Lines or nothing at all" - Monsieur Gato

Kommentera



Apologies, as one of my resistance lines were not locked in.
Red arrow shows where that double red line should actually be.

Handel aktiv



W's= Win
Crossed over the moving average.
Let's wait and see it can stay above this next resistance level.

Handel aktiv



BTC formed a double bottom, but failed to break through resistance falling again to support lines.
We can take this as two ways.

Positive - Formed a triple bottom now, which could lead to a reversal from the bear trend.

Negative - Looks like Head & Shoulders pattern has formed, seemingly siding with the more bearish future tendencies.
Mer