WorthAShot

BTC - Breach $13K by July 11 ?

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WorthAShot Обновлено   
BITSTAMP:BTCUSD   Биткоин
OK. So BTC broke upward from the bullish triangle (blue). Now what? Well, it stopped at a very important line of resistance - the shoulders line of the recent head-and-shoulders (purple), at just under $13,000. This is an important psychological barrier to clear, because the last time it rose above it (the head part of the H&S) it didn't stay above it for long.

The new trajectory (green) looks like BTC should make another attempt to take out $13,000 by July 11th. We cannot know if it will succeed or not. I think it will, because of how quickly we returned to this level after the ABC correction. This tells me there is strong interest on the buy side. Let's hope!

Комментарий:
For support levels, it seems like the same $10,500 and $9,600 levels as before (yellow), which were the stopping points during the A and C corrective waves.
Комментарий:
BTC just now punctured the shoulders level of the last H&S. It failed to stay above it last time. Let's see if it can hold the line this time. I think so!
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