You are viewing a single comment's thread from:

RE: Bitcoin Soars Back Above $10k On Heavy Volume

in #bitcoin7 years ago

BTC reversal in progress this might be the catalyst for a breakout. BTC formed a "Spinning Top" with a lower low on yesterday's daily candle. It closed above the 38.2% fib which is emboldening the bulls. If today's candle closes above the yesterday's ST high at 9850 that would indicate a trend reversal and make the breakout of the falling wedge likely. According to Bulkowski there is a break upward 68% of the time on falling wedges.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 56769.00
ETH 2325.34
USDT 1.00
SBD 2.36