BTCUSD: 1W Big sustained break above 7400 needed for Bull Run
Updated
As above... BTCUSD in a similar situation to LTCUSD on the charts in that we need to see a big push by the bulls to get over the 50 HMA for any significant uptrend to begin.
A sustained (>8 weeks) price or even sideways movement above this 50 HMA moving average might indicate a larger bull run has begun rather than another false breakout.
Goo luck ya'll. Happy trading!
A sustained (>8 weeks) price or even sideways movement above this 50 HMA moving average might indicate a larger bull run has begun rather than another false breakout.
Goo luck ya'll. Happy trading!
Note
Yep. Up and over 50 HMA with nearly 2K up in price!
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