mdyassink

BTCUSD Chart Pattern Repeating - Bullish Breakout Possibility

mdyassink Updated   
BITSTAMP:BTCUSD   Bitcoin
Check out this chart pattern that seems to be repeating almost exactly the same albeit on a smaller scale. The only thing left is the ascending channel pattern towards the critical $20000 region. The last parallel pattern made a 20% upwards move from bottom to top.

Just sharing.
Comment:
Decision time soon whether the price carries on downwards or gets into an ascending channel pattern. The moving averages are also not too far away for support. Just an opinion.


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