Will BTC break the upper resistant of the descending trendline?

Long

Bitcoin (BITSTAMP:BTCUSD)

Updated

BITSTAMP:BTCUSD Bitcoin

Support and Resistance Trend Lines Centered Oscillators aeondrift lividitium fusiongaps majestic acceleration jerk Bullish Flag

supportandresistance trendline centeredoscillator aeondrift lividitium fusiongaps majestic acceleration jerk bullishflag

The MAJESTIC momentum oscillator still looking strong though, with the acceleration and jerk oscillators looking to strengthen and move back up into the positive again.

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Note the multiple Golden Cross (GX) signals at different time-scales being triggered after the last move.

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snapshot

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FUSIONGAPS DEMO2: BTCUSD winding up for another massive pump?

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See also my earlier analysis suggesting price target to 16800 USD.

Demo of how my FUSIONGAPS indicator might be used.

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