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Matthew1972
Apr 9, 2020 7:57 AM

By Matthe: Wow, this is the moment for BTC!!!! 

Bitcoin / U.S. DollarGemini

Description

BTC on the log scale/daily, forming a perfect acending triangle hitting the resistance line touching the recent highs (downsloping channel).
If the 60% chance bearish ascending triangle plays out you will see a revisit of the 4500 lows.
The MA 50 offers some stiff resistance as well making a drop more likely.
Anyway, this is BITCOIN so we never now. A move up would be very very explosive and might even crush the alts.

This is the moment we have been waiting for.
Comments
alienteck
40% are short and will need to go on food stamps soon..
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