Auguraltrader

Bitcoin Weekly hints of train leaving the station....

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BITSTAMP:BTCUSD   Bitcoin
Last week, the train left the second last station... this is a huge triangle breakout (zoom out chart to see it!), that was cleared with decent momentum, MACD support and an increase in volume. This week is half done, and it already appears to have clocked the volume of last week! Expecting at least 50% more volume this week (ending Monday 8am SGT).

Technicals are looking good, particularly having broken above the green line resistance, which is actually based on the monthly chart. Optimistic that the month should end nicely above on Saturday SGT.

Clear as daylight, you have been blessed with a heads up... go do your own due diligence.

Leave a comment, a happy to discuss technicals 👍🏼😊

PS. White arrow marks latest entry based on system.

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