edwnjos99

Strong rejection from 11470, pullback to 10850?

Short
edwnjos99 Updated   
BITSTAMP:BTCUSD   Bitcoin
We saw a strong rejection from the major resistance around 11470 and now its forming a diamond pattern so we could possibly see a pullback to the next major support of around 10850. Be careful though, there is a clear bull trend and bitcoin has a history of defying chart patterns.
Comment:
note: im new to trading, this is my third published chart.
Comment:
Bitcoin did it again, it completely ignored the chart pattern, crushing through major resistance lines. Now its testing another major resistance around 11600 - 11700, this area acted as support and resistance during the bear market of 2018 so we could see a major rejection, if not then its an easy ride to 13k.

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