timbearr

Bitcoin, Trend is changed

Long
BITFINEX:BTCUSD   Bitcoin
It has broken up the Inverse H/S

If it can break up the neckline of inverse H/S, it`ll test $10800

This price is the small resistance line and near MA

After touching the price, the small retracement will start to gather power

This small retracement will be stopped over $10000

Then, it`ll go up to touch $11460

While the decline and making the inverse H/S, the overbought was resolved completely

There was only a dead cross between EMA20 and EMA50

That's why it's too early to judge the down trend and it'll be able to keep up the rising trend
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