CoinedByCrypto

BTC Back test of breakout

Long
BITSTAMP:BTCUSD   Bitcoin
Resistance once broken becomes support on back test

Finding support on the 100 ma too on daily and 2 trend lines crossing.

I see a run from here could take place.

I have already for those who have chosen to follow me given signal for an accumulation of Litecoin some hours ago.

Happy trading!

Wally
Comment:
Bull Flag
The back test of the pennant breakout have created a bull flag which will propel the price further up with an eventual break of the upper yellow line.

Well on it way already!

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