Bitcoin has broken the upper trendline, bulls are back in control? July 25, 2018

in #trading6 years ago

Updated information on technical analysis for cryptocurrencies and stocks. (3).png

Legal disclaimer: I am not a financial advisor, the information here presented is for educational purposes, to foment discussion and help the community...

Hi guys,

Bitcoin DAILY chart:

https://www.tradingview.com/x/U9EJexRX/

It has broken out of the ABCDE pattern, daily chart...it's now retracing a bit, retracements are always expected.. aren't them?

Bitcoin WEEKLY chart:

https://www.tradingview.com/x/92wOAfFl/

And finally, here we have my one hour chart, what I think is gonna be the next movement for the next hours, it seems that bitcoin has finished wave 3, and it's now retracing in order to finish its first motive impulse wave...

Bitcoin 1-hour chart:

https://www.tradingview.com/x/uyRInMum/

This is my video with my daily update:

Thanks for all the support!

And as always, enjoy your trades!!! :D

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