CoinedByCrypto
Long

BTC Back test of breakout

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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!

Comments

Good job, it's very possible.
+1 Reply
@julia17, Thank you Julia for taken the time to look at my chart. Could we have this run up - we could also see the alt-coins make some huge moves. I'm heavily invested in Litecoin so it would indeed be nice.
Your own EOSUSD analysis with the Bullish Butter is beautiful. Hope you gain well on this trade!
Reply
julia17 CoinedByCrypto
@CoinedByCrypto, thank you). Let's see!
+1 Reply
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