tobymortimer

Potential breakout/breakdown for BTC over the coming months

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC pennant from ATH is coming to a close and is looking to make some big moves. Break above descending trend line could lead to a breakout potentially pushing new highs but a failure to break downward trends could lead to lower-lows.
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We've broken downwards! We're still in youre green bar of tolerances though... ... watching closely
+1 Reply
@gary-fry, correct. Looking for a bounce off of long term support here, might still be looking at another lower-high
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