We have now bounced off the 950 twice - at the best case scenario we are looking at a long drawn out bull pendant if the two lower supports stay intact. Worst case scenario we are looking at a bigger drop down should the supports fail to hold.
So far its a war between the bulls and the bears - lots of long tails either side of the candles on the 15 min gap, and this may be enough to kill the momentum upwards now that BTC has broken out upwards against the dollar.
Watching this space - pumping and dumping the rise and falls at 15 mins whilst i wait to keep myself occupied - beware though as strong volatility with some crazy wide bollinger bands, so i will be trading marginally below the resistance bands, and watching the candles/indicators to watch for any reversals mid-minitrend...
Sorry Tron, but not today....
Opinion not advice.
So far its a war between the bulls and the bears - lots of long tails either side of the candles on the 15 min gap, and this may be enough to kill the momentum upwards now that BTC has broken out upwards against the dollar.
Watching this space - pumping and dumping the rise and falls at 15 mins whilst i wait to keep myself occupied - beware though as strong volatility with some crazy wide bollinger bands, so i will be trading marginally below the resistance bands, and watching the candles/indicators to watch for any reversals mid-minitrend...
Sorry Tron, but not today....
Opinion not advice.
(Helped along by a resurgent BTC breaking out simulaneously against the dollar)