What's old is new again, Time for the next level of markup. We could be on the verge of the mother of all the alt season. BCH has clearly broken out of the resistance level from the bottom. Compare the LTC fractal from 2015 and what did it later. 1 Bch = 30,000$.
ATH and beyond.
If Bitcoin hovers around >10k next week and ZIL weekly closes above the marked resistance level 77 sats, we could see move quick movement like what happened to ICX.
I saw the comparison somewhere in twitter, just marking the levels for a trigger.
Btc rejected on the downtrend from 13.8k, but painted a higher high on daily resolution . However we need a higher low to confirm the trend change i.e. 6.4k low should hold. If we break the downtrend again and see volume picking up, I'm going long.
Invalidation is the break down of previous low.
Ok, I try to put aside my shy and write my first idea.
So BTC broke the log downtrend from Jan. We see so many bulls around but has the bear markey really ended? As the week comes to an end, Apr 22 candle close will be the first key decider. Yesterday calendar close (Apr 21) matches with that of Mar 20 and Mar 21 was the bull trend reversal that BTC sent to...