Yurlo

ASCENDING CHANNEL - BULLISH PENNANT BREAKOUT? OR IS THE TOP IN?

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Good afternoon,

BTC needs to break 11888 in order to hit target's 12300 - 12500.

Otherwise the local top could be in, and a retest of 11500 is likely. Lose that and things could get ugly to the downside. (especially if we lose 10500)

Stick to the same few indicators until you’ve mastered them. This game is about consistency, and being consistent with the same tools will result in most success.

Could this really be the start to the bull market?

BEARS back to hibernation?

I wonder how things will play out during the month of August.

Good luck, and be safe.
Comment: UPDATE: move secured!

Historical resistance of 10500 (BROKEN)

Comments

I guess the top was in.
Reply
Yurlo cinemagauche
@cinemagauche yeah that dump was QUICK
Reply
Thank you buddy. Do you expect it to drop to 10500?
Reply
Yurlo sscoin
@sscoin, Hard to say...if we lose 11500 it'll test lower support level (10900) and that would be the test to see if we retest 10500. Play it level by level brother.
+1 Reply
Thanks for sharing your TA Yurlo!
Reply
Yurlo SlowAndSteadyTrading
@SlowAndSteadyTrading, No problem!

Cheers.

-Yurlo
Reply
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