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WgrCryptoGuy
May 31, 2020 2:19 PM

Bitcoin Bullish Weekly Chart Long

Bitcoin / United States DollarCoinbase

Description

1 - BTC is breaking the RSI downtrend.

2 - BTC almost breaking 900 days downtrend (129 weeks).

3 - 9x green candles vs 2x red candles in the past 70 days (11 weeks) - extreme bullish.

4 - MACD going up.

5 - STOCH RSI going up.

6 - Weekly candle above U$10.500 confirm trend reversal.

Comment

BTC breakout the pennant and touched the resistance (red line)!

Comment

Hard to break 910 days downtrend (red line).
Weekly candle above the red line = trend reversal

Trade closed: target reached

Comments
CryptoCheck-
good work
CryptoCheck-
Another Bearish Descending Triangle
transparent-fx
I will bre reacting and not predicting, as usual, but here is my view
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