Bitcoin resistance and trendline broken, momentum building

30 août 2016

3870 has built support at this key level, and with such a long-term trendline broken, this is the first strong, clear move up. Get out of shorts, and at least buy, but I am long. In the unlikely event that price dips below 3780, then look for signs of this being a fakeout. The USD prices for these levels are around $580 now and $565 at next lowest support.

4 sept. 2016

Note

This gave lots of time to get in during the pullback at the bottom. Now the trend is clear and holding this long until the top of this trend.