BTC DIRECTION

BITSTAMP:BTCUSD60

Bitcoin / U.S. dollarBitstamp

Description

⋅ Aug 22, 2017 2:50 PM

Just an idea. Looks like a flag.

Comment

⋅ Aug 24, 2017 7:41 AM

BTC broke the channel sooner than expected and it hit resistance at a larger channel @ about $2420.
It's on a new trend line and forming mini bull pennant, if it breaks this it should retest the bigger channel between $4200 and $4210.

Trend Analysis