bitcoin forecast; BITSTAMP, testing @ 2750 expected, 3150+ 7 day
Testing of both upper resistance and lower support line expected in next few days. Further uptrend expected as segwit lock-in and BCH selloff contribute to BTC dominance. Expect ATH within next week, followed by news cycle FOMO and profit taking.
Buys @ ~2760
Take Profits 3150-3300 progressively
Buys @ ~2760
Take Profits 3150-3300 progressively
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I hope everybody who saw this got their longs in
SNOW_CITY public chat room - Indicator Q&A
www.tradingview.com/chat/
Indicator access information
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www.tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Looks like we jumped the gun and shot up to ATH of 3215 rapidly.
I am weary of this price level holding. I am also weary of taking any short positions due to volatility. Will update with TA after this new channel builds out.