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Supernova_elite
Sep 25, 2017 2:54 PM

BTC/USD. 

Bitcoin / DollarBitfinex

Description

Price brokeout 3x ressistance!!! with good volume!
Its a great bullish signal.
But it stopped by 4th ressistance from higher TF.
So, If BTC breakout 4th ressistance, then go to the moon!
But if this ressistance will not be break, then we need come back
to previous scenario.

Trade active

Ressistance countered the price, for the present

Trade active

The price continue to consolidating near last Support. Waiting for action. But on BitStamp this support broken and tested. Looking bullish but small volume
Comments
dnar1
It hasn't closed right? But it has opened above the line.
VishalTR
Thanks for your inputs.
mytorc
Yes = penetrated but didn't break sadly
heisginger
@mytorc, how do you measure this subtle difference?
mytorc
@heisginger, well more wishful thinking perhaps on my part - guess in reality it all depends how you draw the trendlines...
mychartslie
Keep an eye on BTCKRW
justDave
You are the first to mention main downtrend line in your analysis among posters on trade view, let's see if 3950$ will be broken.
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