Get started
themaster5

BTC/USD DOWNTREND TRENDLINE BROKEN

Long
Bitcoin (BITSTAMP:BTCUSD)  
themaster5 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis
9
1
trendanalysis
The trendline is broken. Let's see how will close this candle.
BTC will need to go higher than the 50 Moving Average in order to fly back to 4990 area.
We need more volume.
Comment:
We reached the 50MA. If we pass it, it will fly.
Comment:
We just hit resistance at 5899 as expected

Related Ideas

themaster5
BITCOIN CYCLES
themaster5
BTC/USD - Volume still showing bullishness
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.