BTCUSD chart 5th October Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 5, 2017 2:46 PM

BTC is in a process of breaking out, if it manages to sustain above the resistance line we can see a good upward movement over here.

Comment

⋅ Oct 10, 2017 6:39 AM

Perfectly followed the trend.

Trend Analysis Chart Patterns

Comments

Sh-aw-nster

⋅ Oct 6, 2017 7:11 AM

Thanks for the update my friend..good stuff..cheers

GNerzhin

⋅ Oct 5, 2017 2:59 PM

My "experience" over just 7 months, tells me when macd crosses its time for the price correction. short the breakout and go long if the uptrend will be confirmed due to the overall market weakness

GNerzhin

⋅ Oct 5, 2017 2:51 PM

4240. I am confused how many traders are giving buy signal buy the moment i stay short about half an hour

GNerzhin

⋅ Oct 5, 2017 2:50 PM

its gonna be corrected firstly

cryptoinvisible

⋅ Oct 5, 2017 2:56 PM

@GNerzhin, That is possible but look at the MACD slight cross over. That is another indicator giving me confidence.