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kharak
9 janv. 2018 17:19

Downward channel must break. 

BITSTAMP:BTCUSD60
Bitcoin / U.S. dollarBitstamp

Description

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See my attached idea about "Stages of a Bubble"
BTC on the daily is starting to look more bullish, however we must break this downward channel. Fib lines seem to be working as strong support.

Trade fermée: cible de profit atteinte

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Break out!
Trend AnalysisChart PatternsTechnical IndicatorsBTCUSDbubblebitcoinusdBTCBitcoin (Cryptocurrency)reversal
Commentaires
Zakir-Ahmed
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WHAT U MEAN BY DOWNWORD CHANNEL
jpbrown1023
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@ghose12, The parallel purple lines that encompass the downward trend. He's saying we need to break out of that trend in order to make a break upward.
kharak
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@jpbrown1023, Thank you JP
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