Bitcoin brokeout G-J correction flag Need confirm breakout by good impulse and volume and go!
Brokeout with great volume + tested Waiting for continuation downward movement on A-B descending channel. Actual until come back in 1-2 local rising channel
Be careful! BTC brokeout both local resistances looks like will continue movement in descending A-B channel
Resistance realised, but positive still active
We have new resist line(called E1), wich was brokeout adn tested - this factor increase probability of movement to A - main resist. But volumes is not high.. It is only additional positive factor Overall situation on BTC haven't essential changes..
Today is 9 february and it is short screencast review for btcusd bitfin 1d.Nothing changes at global vision, but i have something interest.In previous review i payed your attention on key support lines S1 S2 S-basic. So, at 6 fabruary we saw the btc price tested S1 with increased volumes that mean S1-support is realy strong. BUT after rebounce from it we see some...
Hi guys. Here's my cautious, humble, and full of hesitation idea which is also countertrend. I'm betting on the breakout failure but it hasn't happened yet. Hence the cautiousness. Good luck if you try this.
Come back to the F-E downward channel.
Strong rising trend. Expecting continue rising from support. Next trgt is 1.272 Fibo extension.
Do not give up! It shows the strenght of coin on RED market!
Continue falling after brokeout the traingle's support BCH looks weeker then other top-alts!
Nothing changes in global vision on BTCUSD. Moving in local downward channel E-F. If price will breakout E, then may go to the upside of A-B downward channel.