B33tcoin

Resistances congestion on 2H chart. Interesting.

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
As you can see EMA (65) on the 2H charts has been pinned many time and called some tops.

We are right now with a new pin on it, under a huge congestion of resistances which could lead to a breakout to watch for. Indeed, I think the momentum could be enough to go through.
Update3: Took profits on 1st 2H red candle (Elder Impulse Indicator)



Weekend dip probably, watching closely how it will react around the fibo levels. Proof: https://twitter.com/Beetcoin/status/520513561249206272
Reply
Update2: As expected, past this key level @ 2136, trend is now getting at full throttle.


Reply
Update1: Breakout confirmed.
Reply
The momentum I was talking about (1H)

Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out