Vold316

Bitcoin - Bump & Run Reversal Pattern.

Vold316 Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
The price raised significantly from 6k until almost 8k, note that there was a huge pump before the start of the decline. Afterwards the price has been droping consistently even dramatically untill it reached 5.5k. Today the price bounced and it went to previous support line and penetrated it for a while, it may have become resistance which fits with B&R pattern.
Kommentar:
Looks like there's unpenetrable resistance between 6.6-6.7k. Time to run. :)
Kommentar:
Broke up and hasn't looked back, I guess it wasn't a B & R after all.
Kommentar:
Lol it's so funny to look back at it, it run, but in the opposite direction! :D
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