HiasFiat

BTC bullish scenario

BITSTAMP:BTCUSD   Bitcoin
In my last post I showed a bearish view of BTC for the mid term. But its Crypto and everything is possible.
The Chart also shows a big bullpenant, also a flag pattern is possible.
Price is currently fighting around the lower trend line of the bullpenant, which is also the neckline of the big H&S from my other post.

In this post I use moving averages to visualise possible support and resistance levels.
Currently the 100MA is providing support and the 50MA maybe is the next resistance.
Penafian

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