MoonTrader
Long

Up to $434, then short.

BITSTAMP:BTCUSD   Bitcoin / Dollar
331 6 1
Nice 3 drives pattern here breaking out of a small descending wedge to the upside. Next target is $434 before a pullback.
RamaDeda
2 years ago
In my opinion we will see 520$ as soon, and if this price will hold, we could confirm that tha trend is changed!
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MoonTrader RamaDeda
2 years ago
IMO, we've already confirmed that by breaking the medium-term downtrend, which is represented by the thick blue line on my chart.
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MoonTrader MoonTrader
2 years ago
To clarify, this chart is about short term-trades. I think the medium-term trend is already up. That doesn't mean the long-term trend is up just yet. We have another major downtrend to break before that happens.
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BuyBitcoin.WS
2 years ago
no retest of 380 before leg up? were so oversold
+1 Reply
MoonTrader BuyBitcoin.WS
2 years ago
No, that trend line is too important to just cross back and forth like that. We're over and we're going to stay over. Oversold schmoversold. The biggest moves happen in oversold territory.
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MoonTrader BuyBitcoin.WS
2 years ago
Oh, and I think you mean overbought.
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