Everyone knows we really need to break this $4250 range. This is the path I am hoping for.
I did think we needed to retest the 200 week moving average again, however that bring us under the 50 and 100 day ma.
If we follow this channel or move side ways without breaking the 50 day ma, we should soon break the $4200.
Although we need to drop a bit to give us the...
Ok it has been a while but Bitcoin is finally looking much better.
As long as this is not a false breakout I am getting exited.
2). It has broken a 10 month resistance
2). It has broken a 20 week ma
1).The 50 day simple moving average is now above the 100 simple moving average.
2). Both the 50 day ma and 100 ma are in uptrend 1st time is Jan 2018.
3). We have...
Been waiting over 4 months for this, will btcusd break the 4 month resistance. In log view we can see btc has still not broken out yet but very close. If it touches the red line may drop $200 before breaking through the resistance. Fingers crossed. Please let me know if you think otherwise.
Quite a few people are saying BTC is now out of down trend, however if we turn on log view in the bottom left, it still has not crossed the big resistance.
A lot of big traders use the log view, therefore if we cross around the $8500 range, I would then like to think we are out of the down trend and prices could rise quite quickly.
Any one that knows me, knows I...
Well bitcoin has been stuck in a downwards channel for over a month and it has been a long wait, but looks like it could have just hit the floor.
In the last week it has broken through 2 resistance lines and could now form an upwards channel from now on.
However still be careful, the RSI is very high and the last break through (pump) could just as easy bring it...