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sebastian.seliga.7
Mar 19, 2018 2:34 PM

Bitcoin #BTCUSD - Hudson, we have a move! Long

Bitcoin / U.S. dollarBitstamp

Description

The BTCUSD price rebounded from the local support level at $ 7,500 and broken through the local resistance at $ 8,600, a move that was just over $ 1,100 in price. The growth charaster is impulsive so that it is possible to mark this movement as the wave 1.
Confirmation of the hole at $ 7,500 will be breaking the level of $ 10,000.

Comment

The price has stopped under the technical resistance at the level $9,120 - $9,265 and currently is consolidating in this zone. The next impulse wave must go higher towards the level of 10k if the bullish rally is to be sustained.

Comment

Comments
roman_akyuz
It's "Houston", not "Hudson".
percyb
@roman_akyuz, not if you're a big fan of Henry and/or his river and valley
KingBennon
@roman_akyuz, Houston is for rockets, Hudson is for BTC.
Kinda like Hold and HODL
AjnoudaSikret
Thanks. Do you have a bearish count as well?
mamtasharma
Thanks for sharing this chart
Dimmisimo
Thank you for the nice chart!
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