Bitcoin
Out of context: Reply #1501
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- sarahfailin0
I read someone on twitter say this was a short squeeze, but volume was actually high, which means that it's a substantial movement.
It also broke us through the 4200 resistance zone, which puts us in a range that has not had any historic resistance or support points. That means the price is unlikely to linger here, and will probably continue in the direction it's going -- UP to $6000.
Curiously (or not) BTC got snagged right on the downtrend line from it's decrease since January, which on my chart is cutting right through the wick of the daily candle. Breaking through the old downtrend line would be a significant sign of a new bull run beginning.
EOS, the coin I've been following most closely, formed a bearish divergence on 4 Hour RSI, which means either it *needs* to keep moving up right now or else it will be a big bear flag.
Personally I think it's going up! :D
- Are there any more buzzwords you'd like to add?zarkonite
- MACD crossover bullish scenario stochastic probability vectors converging towards a bitcoin rocket to the muthafuckin' moon!sarahfailin
- YES MOAR!zarkonite
- haha.inteliboy
- Sheeeeiiit. It forgot to stop!sarahfailin
- *mic drop*zarkonite