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purpurato59
Sep 29, 2016 9:27 AM

Different levels Long

Bitcoin / United States dollarOKCoin

Description

Here are different price levels where BTCUSD had resistance and then turned to support, they coincide with the levels on the pithfork and are online with actual weekly and quarterly futures contracts: 609 and 623.
The money flow shows confirms that we have been in a bull market ever since the Bitfinex drop.

Trade active

It is not visible here, but on the 4h time interval, price is closing above the lower querter pitchfork line.
Trend is just gathering momentum.

Comment

Arrows were quite precise, but we didn't even test upper support.
Next channel on 650.

Comment

Still following those arrows ! If we break this pitchfork, get ready for moon.
Comments
kniknox
nice chart man!
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