ciekawy

after breakout from the falling wedge

Long
ciekawy Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
the breakout was strong yet similar to the move 8500-9800 from a week ago so nothing really sure yet; the main good sign this time the volume was much higher. Worth noting 8350 low to latest 8700 high line is aligned with the one connecting lows 6000 -> 7250 which may suggest a rising channel is forming with the high targeting over 13k and a middle around 10-10.5k where the gap is left to be covered. Interesting to watch how the situation emerges. Still the confirmation drop to 7350 may be possible.
Kommentar:
so the momentum was strong enough to continue upward move. Next stronger resistance seems to be around 9100-9300 while 8750 should act as a a support

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