FerdiHodler

BITCOIN CUP AND GO

Long
BITSTAMP:BTCUSD   Bitcoin
The short of 2 weeks ago has been outplayed.

Actually we face to two twin consolidations movements in the 2 green boxes.

End of April /may bitcoin found after a parabolic breakout support on the 20EMA before to push higher.
Considering the fractal analogies as well the analogies in the EMA 20-50 trajectory, I expect a similar movement.

Two other factors support a further upside movement.

Invalidation of the doji with weekly close above the body of the doji. This close would be a buy signal for the next weeks


Altcoin as ripple or stellar are printing in the USD Pair bullish movement.


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