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Breakout of downtrend
Bitcoin
Breakout of downtrend
By lpninja
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Updated
Dec 27, 2017
6
Dec 26, 2017
Because we have a break of the trend, and are now firmly in the channel that was defined before the last few weeks of the mania phase.
Dec 27, 2017
Note
MACD and Stoch RSI still up. Trend confirmed.
Dec 28, 2017
Note
We have confirmation of the trend being back in the longer term healthy channel, bouncing off the top and then entering the channel.
Dec 29, 2017
Note
Friday, it bounced off the bottom of the channel and it is holding in the channel now.
Dec 30, 2017
Note
Channel is broken on the downside. Monitoring carefully.
Feb 15, 2018
Note
Closed.
Technical Indicators
Trend Analysis
lpninja
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