BTCUSD Massive Bull FLAG P/R=4

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
72 0
Looks like we are on the verge of breakout out of a major trendline . Over the last two months we have constituted a massive bullish flag . The upper resistance has been test 2 times. This time, the rally started near the resistance line and had a consolidation right below. This gives a better chance of breakout. This has already broken out to 10700 levels, however this is not a buy until the day closes above in the next 12 hours. We would also want good volume on that breakout. At least twice the volume of the past average. If you are an aggressive trader you would enter the position now, however since this is a major trendline , one should wait until we close above.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out