Bitcoin's third breakout in 4 weeks! These are levels to watch.

You see 3 falling trend lines with the upper 2 marking the breakout zone.
When in this zone the last 2 times a retest of SMA 200 failed. Now we're close to the third retest and it's not looking too bad.

Watch out at the marked levels for take-profit or potential reversal.

Kommentera:

The retest happened as expected and the rocket began.
IMO it's pumping too hard though and we should see a retest soon. Watch out.