This pattern can really move in either direction so call it a guess, a hunch or just unrealistic optimism, but looking for a breakout back to the horizontal resistance / 50-day SMA of $255, then with luck maybe even the 200 day.
Bitcoin has had a rough year and even if this is a temp relief rally and we make the ultimate lows in the summer, some positive signs are badly needed for the space.
Check out the latest Analysis articles here:
cointelegraph.com/ne...eb-9-tough-decisions
cointelegraph.com/ne...trend-change-part-ii
cointelegraph.com/ne...tting-a-trend-change
Good luck traders, I usually tweet these out instead of publishing, still trying to figure out the best way to reach readers/followers.
Bitcoin has had a rough year and even if this is a temp relief rally and we make the ultimate lows in the summer, some positive signs are badly needed for the space.
Check out the latest Analysis articles here:
cointelegraph.com/ne...eb-9-tough-decisions
cointelegraph.com/ne...trend-change-part-ii
cointelegraph.com/ne...tting-a-trend-change
Good luck traders, I usually tweet these out instead of publishing, still trying to figure out the best way to reach readers/followers.
Tone Vays - Content Creator & Derivatives Trader
Web Site: ToneVays.com
Twitter & IG: @ToneVays
YouTube: YouTube.com/ToneVays
Event: TheFinancialSummit.com
Conf: Unconfisctable.com
Web Site: ToneVays.com
Twitter & IG: @ToneVays
YouTube: YouTube.com/ToneVays
Event: TheFinancialSummit.com
Conf: Unconfisctable.com