JakeChd

#BTC 1 HOUR TECHNICAL ANALYSIS

Long
BITSTAMP:BTCUSD   Bitcoin
CLEAN AND SIMPLE TECHNICAL ANALYSIS. FOLLOWING THE PRICE ACTION A REVERSAL IN TREND SEEMS LIKE IT IS IN PLAY. LH AND LL WERE CREATED. A BREAK OF THE LH SIGNNALED A REVERSAL IN TREND TO ME. PRICE PULLED BACK AND CREATED A DB SIGNALLING WE WERE ABOUT TO SEE UPSIDE MOVEMENT. WE CAN NOW SEE PRICE IS PUSHING UP TO BREAK THE HH IT CREATED BEFORE THE DB. LET'S SEE HOW THINGS PLAY OUT TODAY

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