btc
chartpattern
indicator
trendanalysis
usd
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ATH is within sight with only 1 small resistance point left to clear (black line).
5
Notice that BTC bounced off the descending line, the 100 SMA line and support at 38,738. IMO the next real support comes in between 31,277 and 29,629.
0
If you will notice we have hit the Shazam moment and BTC was rejected. It has also fallen below the 100 Day and is near support at 38,738. If this breaks, IMO it goes down to at least 31,227
1
Over the last 3 years I have charted 2 of what I call Shazam moments. IMO this is other one coming up. If we break both resistance AND decending trendline, this puppy could run.
1
COINBASE:BTCUSD If BC can break above 38,738 it could run all the way to 42,173
2
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