MisterCatt

BTCUSD Update

MisterCatt Updated   
BITSTAMP:BTCUSD   Bitcoin
Price action moving inside symmetrical triangle, is it bear flag or forming a double bottom pattern ? we will see..

Remain bullish as long the price action above this green pitchfork on 9500 area and vice versa if price action decide to break this line.


peace
Comment:

- break 10600 will increase a change to reach the price around 10800 IF the price action decide to ignore this falling wedge pattern..
- you could see more clearly on 1 hour for falling wedge pattern. although at 3 hour i would like to emphasize the resistance just right above the upper trendline on falling wedge pattern which around 10600 by 100 SMA and 51 EMA..

peace.
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