Bitcoin Bull Break
BTC bull break from the rising wedge, testing a little resistance in the $8150 area now then we're free untill $9250. RSI's are getting overbought as the move keeps going with little to no consolidation. First 5 minutes oversold after a bull run is key for a short term bounce. Bulls who entered in the breakout should plan the stop-losses, if you're going with the daily, 4 hour, 1 hour uptrend. With no resistance till $9200's the price can move easily as shorts have no point to put a stop-loss.
The EMA 12 has been a rock solid support in the 4 hour.
The EMA 12 has been a rock solid support in the 4 hour.
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