Please feel free to comment on my charts with your thoughts or remarks!
- Yellow line = long term resistance (since 26th of april 2018)
- Yellow line is forming a long term descending triangle with the weekly support @ 3347 satoshi's
- Broke out of a falling wedge and is now in an upward channel
- If momentum lasts I'm expecting a test @ 4010 satoshi's before we head back down
A lot will be riding on the moves of bitcoin.
- Yellow line = long term resistance (since 26th of april 2018)
- Yellow line is forming a long term descending triangle with the weekly support @ 3347 satoshi's
- Broke out of a falling wedge and is now in an upward channel
- If momentum lasts I'm expecting a test @ 4010 satoshi's before we head back down
A lot will be riding on the moves of bitcoin.