BTC in an upward channel now, broke 9000 resistance, lets see if it can break 9260. if so might test 9500, but longer time frame potential H&Shoulder forming. Let's see how this plays out
BTC formed multiple head and shoulder patterns for the past few days, should've taken the warning more seriously but the halving euphoria was strong so kept a small position. Saw if BTC falls off 9500 support then it will fall some more. cut my loss at 9400 with a small remaining position on BTC. interesting how the long-tern support line works bounced right off...
DOUBLE BOTTOM FORMING Just started making charts, use to record to see if my prediction is right or wrong. BUY: 0.00000169 0.00000173 0.00000179 SELL 0.00000245 0.00000252 0.00000257
Failed to clear the 7700&7800 resistance 4 times, could retrace from there either tonight or next week all the yellow lines are identical, bitcoin tends to create a "plateau" then retrace a bit most likely, could retrace to 7300-7080 but in general, I'm bull for bitcoin since it's on an upward trend