BITCOIN BREAK THE MAIN BIG TRENDLINE!
A couple of days ago we had a massive move upwards (correction)! The day ends with an Engulfing candlestick pattern and closes above THE MAIN BIG TRENDLINE sine 17.12.2017 which means we broke the main down-trend at the moment!
Right now the BTC -0.66% price forms a continuation pattern - "Bull Flag". Bull Flag is supported by EMA's and a resistance area which becomes a support! This resistance/support area is also a restest from W formation breakout trade ( Double bottom ) - breakout area was $6300 and now we retest it.
| If this blog post has entertained or helped you to profit. please follow, upvote, and/or consider buying me a beer. | BTS Wallet - @Cryptosingle |
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| BTC Wallet - 1FguPX6gFWFYzZBMLBs5aecBxXTveJ9jFo | |
| ETH Wallet - 0x97c4bdbf7bf71f766e4d006a1dd188ad3830528a | |
| LTC Wallet - 0xe1aced2c3a3bfa42ca9f2b896e6e2c23701ea4f4 | |
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| Legal Disclaimer | |
it's my own opinion , make of it what you wish. it's just my own information . not advice or entertainment not purposes. |
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