Appears to be a small bullish crab pattern forming around here... If it stays up- we get higher BTC. Depending on where price bounces it could meet the target or go much higher. Not sure how much longer this goes, but BTC continues to take bullish side of the patterns. These type of patterns are designed to shake out weak hands.. and continue upside. Be careful. There is a 50% chance price just goes up and never pulls back, but I have a feeling the market will seek to make a deep move down and stall out before rising. We shall see.
Comment:
After bounce keep eye on this level 40,840 for possible resistance- and possible failure of up move.
Comment:
See updated chart.. and notes associated.
Comment:
See update that was posted to this... 8 hrs ago.
Moorsc0de aka Crypt0nomics aka Zaphkiel
