Watching for resistance to break but we have a very clear bullish shift in momentum and a HUGE bullish reversal pattern with sufficient volume for a breakout .
I have been laddering in since 10,000$ - 8,000$ 7,000$ 6,000$ Now I plan to ride this impulsive wave on the upside to new all time highs in 2018
also Technical analysis predicted this move long before the GOLDMEN SACHS news announcement
Hope you don't have any short potions on unless you have some good stop-losses in place
I am treating this market as bullish because the trending support line from $1,800 to $3,000 to $6,000 is a strong support trend & has successfully bounced 3 times now.
enjoy the profits we can all expect if this breaks major downtrend resistance like it looks like its going to
don't get greedy in the next wave up be willing to take profits into USDT and stay profitable out there!!.
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the other recent bitcoin charts I made__
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Breakout then fall back to support & people will still blame it on "MANIPULATION" this was a very technical move
Are we about to see the largest green candle in history?
Mikelikescrypto
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@USCG_Vet, Probably. How big would that have to be, or would be? in a week or two, I could imagine seeing 5k or even 10k gains. I might sells the alts if I have to.
MuMPiTz
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thanks for sharing! Btw just out of curiosity: Why exactly is it so valuable that Goldman Sachs is taking partnership in Poloniex? Because that means they changed their mind and are now believing in crypto currencies or why is it good news?