ChartArt

Bitcoin uptrend faces first resistance after multi-week upswing

OKCOIN:BTCCNY   None
3
As much power as this uptrend shows so far, all good things come to an end until the next wave begins. The real end of the current upswing might be later in early November, but it could also happen earlier. This chart is posted as neutral, because a downtrend is not confirmed only the risk is growing. This chart is posted as a warning, not as a sell recommendation. Therefore I haven't added any price targets.

My last sell signal and my last buy signal are both in this last chart, because I had posted my last buy signal in advance:

The overall uptrend potential is massive, if the price remains in the current channel direction
Penafian

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