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elitealpha

Bitcoin BTC 1 HR Market Update

Long
Bitcoin (COINBASE:BTCUSD)  
elitealpha  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC bitcoinusd BTCUSD bitcoinlong btclong coinbase
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trendanalysis chartpattern indicator bitcoin btc bitcoinusd btcusd bitcoinlong btclong coinbase
As from previous TA, $7500 was well tested, now is support
Resistance is now at $7900-$8k

Things to watch out for:
The bull flag channel broke
Bulls are taking the lead for now
If bulls can break $7900
then $8600 shouldnt be a problem
Watch for the break of the rising wedge
to test .5 - .382 Fib
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