Bullish flagpattern formation has resulted in a breakout for BTC - now past that resistance level of 6600-6700 and expected to hit well beyond 7k. How high is anyones guess....but i would speculate that 7300+ is feasible and likely. Thought it was gonna happen yesterday, but this delayed breakout means an extended impulse wave is of higher probability.
I think during times of hardforks and cancelled hard Forks, resistance and support levels cease to apply. I do agree their is an impulse wave being sustained due to uncertainty about SegWitX2. I don’t see a flag pattern emerging. Great analysis and welcome!
I think during times of hardforks and cancelled hard Forks, resistance and support levels cease to apply. I do agree their is an impulse wave being sustained due to uncertainty about SegWitX2. I don’t see a flag pattern emerging. Great analysis and welcome!