CyberFreedom

CyberFreedom

Today the 20 and the 50 day moving average crossed. Every time it happened we had a nice bull run.

CyberFreedom

We are clearly in an up trend. ''in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks'' The volume is declining; "The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase...

CyberFreedom

We could be in the formation of a bear flag in the 30 mins time frame moving us lower.

CyberFreedom

Strong resistance at 11000$. We closed under ascending channel support line and we saw selling pressure all day. Next support the 20 day moving average at 9900$

CyberFreedom

We closed the day above upper channel line resistance for the first time since 2 months ago. May be a good time to go long. Could possibly retest support of ascending trend line at around 10400$ before going higher. I would still be careful as we just broke out. Be careful and use a stop loss

CyberFreedom

We are above support line of ascending channel. But we are still under the resistance of the long term down trend. I think the new day will tell us more where we are heading.

CyberFreedom Updated 

We may breakout the triangle target 10500$

CyberFreedom

We just broke out of the upper line channel with above average volume confirming breakout.

CyberFreedom

We are still in bearish mode could get a turn around if we are able to break channel upper line. RSI not oversold.

CyberFreedom

BTC bounced off upper channel line. Short term target around 7000$ mid term 5000$. That is of course if nothing relevant happen We could start a secondary channel line in a few, but for now, my money is on the sideline.

CyberFreedom

Symmetrical triangle. After a small pull back we may see a rise to 10500$

CyberFreedom

If we break trend line we could see lower low but for now I think we may rise next target 10250