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Bitcoin worked itself back above the trendline, wich is now acting as support. We have been rejected by the 50 moving average. If bitcoin manages to break through the 50 moving average, it could have a pump to $7200, and if it breaks that resistace level we could go up to $7300.
Bitcoin worked itself back above the trendline, wich is now acting as support. We have been rejected by the 50 moving average. If bitcoin manages to break through the 50 moving average, it could have a pump to $7200, and if it breaks that resistace level we could go up to $7300.
Comment:
H&S pattern forming on the 15min chart.