Login Register
  • BTC
    8064.67
  • ETH
    252.97
  • LTC
    102.88
  • BCH
    409.98
  • EOS
    6.42
  • ETC
    7.28
  • DASH
    157.5
  • XRP
    0.3898
  • XLM
    0.1269
Login Register

Bitcoin - Trend Model Turning Up

07/16/2018 14:38

Fruit being picked from a ripe vine. The Factor Trend Model has turned UP. The WBB rally today in BTC is the next important piece to the puzzle for a bull move.

If the strength today holds it will be considered as a Wyckoff SOS buy signal. A decisive close above 6829 (GDAX) completes the H&S bottom and indicate that the intermediate path of least resistance is up. The target of the H&S bottom would be 8032 -- but more importantly, this could be a bottom of major significance.

 

The down channel in Bitcoin Cash has been penetrated, and the Factor Trend Model is rolling up.

 

plb ###


Suggested Posts

Thank you for taking the time to check out Bitcoin Live. Interested in reading the rest of this post and accessing additional content like this? Subscribe to Bitcoin Live.

SECURE CHECKOUT

Payment Information
We NEVER Store personal or Credit card information on our site

Bitcoin Live accepts Bitcoin transactions.

Please select your product from the right menu and click the “Complete Your Order” button to generate your Bitcoin Invoice

Please check the form, and submit button again

Product
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.