mega1365

Will BTC hold the trend line?

mega1365 Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
According to unpredictable BTC moves and knocking out resistances one by one,it is hard to find BTC's trend line. But if we look at the resistances that broken truly (not by exited buyers and hype) , then we can say something about a trend line that is about 7900 to 8000. If BTC can hold this trend line then we can expect to break out to higher levels. So I expect BTC fall to this area then bounce back from 7900 - 8000 $ . If it breaks then let's just watch and cry!
Kommentera:
It seems that BTC has broke the falling line and forming invers head and shoulders. It means that BTC is heading for targets in 13500 USD in an ascending trend line but maybe we have falling to 9500 and 7500 yet! let's see what will do our big boy!
Kommentera:
Ok! 7500 touched. it seems the big boy is back to order, look at that clear trend line! now we have one more climb to 10000 . It expected that after this struggle with supports and bad news we have uptrend in two or more weeks. let's see!
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