Bitcorn looking bullish.
Looks like We broke out of the broadening channel, into a rising channel.
Currently at the heart of the channel, running into resistance. Trend looks very similar to last weekends trend, on both MACD and price action.
Peace,
DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
Looks like We broke out of the broadening channel, into a rising channel.
Currently at the heart of the channel, running into resistance. Trend looks very similar to last weekends trend, on both MACD and price action.
- Currently supported by 5MA. If 10MA is broken, keep watch for drop to 50MA and bottom of rising channel.
- 4HR MACD showing bearish movement, similar to last weekend.
- DAILY MACD still bullish.
Peace,
DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
Comment:
SHORTS also out of trendline, testing 50MA...
Breakout of bullflag, let's see if it holds.