If you mark all the green candle that were three months up in a row, and then the breakout from the high to the next high marked in pink it gives you some idea of where the current breakout could be heading. NOT ADVICE. Past performance is no guarantee of future performance. DYOR.
Note that RATE OF CHANGE turned positive (above zero)
Note price closed above yellow box first time since peak of 2017 (not shown in chart below which was created before closing price).
Note that RATE OF CHANGE turned positive (above zero)
Note price closed above yellow box first time since peak of 2017 (not shown in chart below which was created before closing price).
Comment:
Bitcoin poised for breakout. How far will it go. All details on chart
Comment:
Update. Based on last three A B C breakouts $8,900 was lowest target. Now got to see whether we'll also get the 1;2 pattern i.e. will June exceed high of May. Not impossible. Keep eye on 7 Month MA, & c. $5,690 for pullback like A B C. NOT ADVICE. DYOR.
Blockchain Week
Different mix/pattern this year