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The_Real_AMF

BTC - Turbulence ahead

Long
Bitcoin (BITSTAMP:BTCUSD)  
The_Real_AMF Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Harmonic Patterns
6
1
trendanalysis chartpattern harmonicpatterns
BTC traders should be aware of overhead resistance from the descending median line as well as potential resistance (prior support) at 47004. Do not be surprised if BTC should move sideways before resuming its trek north. Trend is still up.
Comment:
snapshot

Weekly timeframe looks great. Well above the 20 day and cruising upwards to test the 1.5 STD of the 20 day MA.

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