Bitcoin's third breakout in 4 weeks! These are levels to watch.
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You see 3 falling trend lines with the upper 2 marking the breakout zone.
When in this zone the last 2 times a retest of SMA 200 failed. Now we're close to the third retest and it's not looking too bad.
Watch out at the marked levels for take-profit or potential reversal.
When in this zone the last 2 times a retest of SMA 200 failed. Now we're close to the third retest and it's not looking too bad.
Watch out at the marked levels for take-profit or potential reversal.
Note
The retest happened as expected and the rocket began.IMO it's pumping too hard though and we should see a retest soon. Watch out.
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