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MrInvertigo

BTCUSDT just clearly broke through a major resistance level

Long
Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
MrInvertigo Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis Chart Patterns Technical Indicators
3
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trendanalysis chartpattern indicator
BTCUSDT just passsed through a huge resistance level. Time for some growth.

I know a lot of traders will put the next resistance a lot lower (4200-4300) but I don't see any reason why it can't go higher to the next psychological level of 5k.
Comment:
We've since broken through the 150 Day MA and BTC is on it's way to form another Golden cross between the 50 MA and the 150 MA. That combined with shaking off the downward trend points towards the 200 day MA in the coming days after some sideways chop.
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