BitcoinLong
BTC Next Leg Up
Updated
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
I believe we are on the next leg up to new ATH.
"Lines or nothing at all" - Monsieur Gato
Note
Apologies, as one of my resistance lines were not locked in.
Red arrow shows where that double red line should actually be.
Trade active
W's= Win
Crossed over the moving average.
Let's wait and see it can stay above this next resistance level.
Trade active
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.
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