Every Bitcoin is KUNG FU fighting...
Folks,
Here is the daily update about bitcoin.. We made a nice breakout of the trading range.
Price is testing support now.
1st of trend reversal has been made and that is to set a new higher high of the last prior bars/prices.
The making of the new higher low is in development.
It is important for the price to hold these support levels.
What i see in the decline are the candlesticks. The candlesticks have long wicks on the underside.
That means the bears pushed the price all the way and some where on the way the bulls said, ENOUGH, and started fighting back to push prices higher.
Here is the daily update about bitcoin.. We made a nice breakout of the trading range.
Price is testing support now.
1st of trend reversal has been made and that is to set a new higher high of the last prior bars/prices.
The making of the new higher low is in development.
It is important for the price to hold these support levels.
What i see in the decline are the candlesticks. The candlesticks have long wicks on the underside.
That means the bears pushed the price all the way and some where on the way the bulls said, ENOUGH, and started fighting back to push prices higher.
Penafian
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