Morning traders! In this graph we can see the bitcoin situation. In my opinion may start the bullish run that everyone of us is waiting for. From 1 month the price is moving inside a falling wedge , now look like found a bottom in 6.5k zone , from here is starting to go upside and looking for a breakout of the wedge. A '' risky '' entry may be after the breakout of the wedge , zone 7.1k , while for a safer entry would wait the breakout of the old high zone 7.5k , obviously don't forget to check the volumes during a breakout , if a breakout occur with low volumes be careful , may be a fakeout. Have a nice sunday and let's smash this market ! Let's earn this mooneeey! Have a nice day traders.
Comment:
Looked like was ready to explode but it's not ready yet. The safer entry 7.5k is still valid while the risky one acted like a nice resistance. Now the price could bounce again around 6.5k zone or go lower around 5.9k . Let's see !
Comment:
Well broke 7.5k , now is moving sideways between 7.8 k and 8.4k