Possible break out due to inverted head and shoulders if it clears the resistance; do expect a continuation in the decreasing trend otherwise.
Comment:
Inverted head and shoulders formed, previous resistance has become a support. BTC/USD is looking bullish atm, good time to buy in imo.
Comment:
As expected bulls are taking control, do note there maybe resistance at 9k sats as well as 10k sats which was a previous support level
Comment:
BTC/USD approaching a possible resistance soon, do keep a look out
Comment:
It appears that BTC/USD is unable to clear resistance at 9k sats and may test 8k as new support
Comment:
BTC/USD has bounced of the support line but there still is an existing bearish trend unless it it able to clear the resistance at 9k sats
Comment:
Support line broken, BTC heading for 5k
Trade closed: stop reached