Friday 13 October 2017

BTC= Bitcoin USD up $2480 since cloud chart support rebound buy signal!

BTC= Bitcoin USD up $2480 (+78%) since cloud chart support rebound buy signal!

 Bitcoin had a strong rally so far since the rebound buy signal from the cloud chart support zone at 3155 at bottom end of the cloud. The secondary signal came at 3929 MACD buy still below top end of the cloud. It managed to break past old high resistance level of 4979, and this is the new support zone for this rally. Top end of the cloud at  4388 at front part of the cloud is also a secondary support zone in the current uptrend.

So far so good, but consolidation risk remain!


www.metastock.com/alphaharvest

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