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buff0n
May 30, 2019 5:21 AM

BTCUSD 1D PARABOLIC MOVEMENT 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Very important two days for the parabolic uptrend in BTCUSD.

Daily close below 8650-8700 will be a SFP (Swing Failure Pattern) and will broke the parabolic trendline.

Daily close above 8650-8700 will likely continue the uptrend and I suppose we will have a massive accelerated parabolic trendline in the next few days/weeks.

Stay tuned.
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