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patternrcg
Aug 22, 2019 1:22 PM

BTC Current Trend Analysis  

Bitcoin / United States DollarCoinbase

Description

Hovering around the 10k mark again. The longer range moving averages ( 144, 233 ) show good potential pullback ranges. Holding support in the 7.5k-8k range would still indicate strong bullish momentum. There is a volume control point at 8k range to watch there. A move up could break the pullback trend from recent high and test the ATH resistance line.

Comment

Took longer than expected but the pullback happened in a similar manner as forecast. Looks like it is about time for a new chart.
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