Black_Draco74

BTC Bullish descending wedge breakout

Black_Draco74 Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
BTC had broken out of the bullish descending wedge and completed successful backtest in lower TF. Is that the start of a new uptrend since we have yet to see the real parabolic melt up ?
Commento:
52k is the level to watch
Commento:
How BTC reacts with the previous peak in region of 52K will determine the direction going forward....it's make or break
Commento:
52k broken !!! Now we see if BTC can sustain the move upwards
Commento:
BTC chart has now evolved into an inverse H&S pattern with neckline again @ 52k. 52k is an important level to watch and 3rd time is a charm !!!
Trade attivo:
Broke out :) Price objective in the region of 61k
Trade chiuso: obiettivo raggiunto:
Target 61k reached :)
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