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krs_analytics
Oct 29, 2019 6:31 AM

10k incoming on BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is getting ready to rocket up to the next level of resistance after finding support on an old line of resistance. BBands are constricting indicating a large move is incoming. MACD & RSI are also sharing the bullish sentiment at time of writing on the 4hr charts. 10,000+ here we come!

Trade active

As expected BTC has been riding along the old line of resistance which has acted as support. RSI and MACD are both beginning to point upward as BTC is preparing for the next launch up!
Comments
Joel_CoachK
Cup and handles need to be far deeper like 30% to be a valid cup.
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