Ixess

Bitcoin resistance and trendline broken, momentum building

Long
Ixess Updated   
HUOBI:BTCCNY   None
3870 has built support at this key level, and with such a long-term trendline broken, this is the first strong, clear move up. Get out of shorts, and at least buy, but I am long. In the unlikely event that price dips below 3780, then look for signs of this being a fakeout. The USD prices for these levels are around $580 now and $565 at next lowest support.
Comment:
This gave lots of time to get in during the pullback at the bottom. Now the trend is clear and holding this long until the top of this trend.
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