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thehoplite
May 5, 2018 2:42 AM

Finally getting 10k Long

Bitcoin / United States DollarCoinbase

Description

Looks like the 10k is in bounds. Look at all those transactions lumped behind our latest price. That's a perfect little launch pad where the pricing receives a lot of back-pressure to carry towards that famous 10k we've all been waiting for. The yellow area is all the potential price points given support, resistance and trend. However, we can follow the 1/1 line right up to the target price comes after the breakout. Timing is looking like a solid 10- 12 hours. Lots can happen between now and then, but we have enough trailing support to keep the lows on an uptrend, too.
Looking at he ChandeMO, we've got the right amount of momentum we're looking for to imply there being plenty room to go.
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