Price action: Bearish ENGULFING pattern Bitcoin / U.S. dollar BITSTAMP:BTCUSD MJShahsavar As I talked about earlier, Bitcoin surrendered and respected the first resistance ahead (the 600-day moving average) and created a local top. (see the […]
Just closed 2 consecutive candles above the ttline of the wedge! Bitcoin / U.S. dollar BITSTAMP:BTCUSD DrDovetail 2 consecutive daily closes above the wedge’s top trendline. This hasn’t happened before on this wedge and we’ve […]
the inevitable drop to the weekly support line Bitcoin Perpetual Futures FTX:BTCPERP RonArnhard BTC is on the return again, and will fall at least to the 42800 support line… I wouldnt long there, this could […]