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BTCCNY 100% | 2
sr.botones sr.botones BTCCNY, D, Long ,
BTCCNY: Cup & Handle
125 0 1
Cup & Handle

This chart shows my expectations for the next days. Chart pattern: Cup&handle Type: Bullish Objective: 4200CNY Bullish divergence between On Balance Volumen and Accumulation / Distribution indicators, clear signal of "little pause to continue pushing higher" Denial: < 2650 at close of the candle and even we need to wait until the next candle close too to ...

sr.botones sr.botones BTCCNY, D, Long ,
BTCCNY: Bullish progression
52 0 1
Bullish progression

Since last January, after 2013 post-bubble retracement, price was holding in a very ranged price of 230$ - 300$ (average). Bitcoin, as a market, still very illiquid and sometimes can't absorb huge sell-off nor huge buy movements... even when the price "touch" resistances or supports levels. For example, we can find examples of this "out of the range" movements ...

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