BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
If you have been following my analysis on BTC you would know I've been paying close attention to the upper trendline ever since I noticed a head and shoulders pattern forming. That same trendline has continued to be major resistance. The bottom trend line has acted as decent support but we almost lost it. for a long time now I've been watching this broad bullish falling wedge develop between these two lines. I suspect that it will break to the upside and have us test resistance at 48480. once 48480 is retaken BTC will most likely continue it's slow grind back to ATH .
Comment: Keep calm wait for a retest

Comments

Nice view, keep it up
+1 Reply
zac_destroys_all Dave-FX-Hunter
@Dave-FX-Hunter thank you
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Excellent work !
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zac_destroys_all MoneyMakerTrade
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