Bitcoin Breaking Out? 1-Day Time-Frame
BTCUSD has pushed through the local downtrend resistance earlier than expected and may consolidate above the cloud before resuming an upwards trend.
Price above 1-day cloud and breaking through resistance technically makes us bullish for price appreciation.
We may well see some 'chop' in the current area as the market digests a more positive momentum.
Traders and bots will be looking for entries.
SparksterSignals began alerting to various new BUY signals too (link below).
Wherever you are in your journey of learning to trade successfully, we invite you to participate with Team Sparkster as we beat the markets with manual analysis and algo-assisted backtesting.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Price above 1-day cloud and breaking through resistance technically makes us bullish for price appreciation.
We may well see some 'chop' in the current area as the market digests a more positive momentum.
Traders and bots will be looking for entries.
SparksterSignals began alerting to various new BUY signals too (link below).
Wherever you are in your journey of learning to trade successfully, we invite you to participate with Team Sparkster as we beat the markets with manual analysis and algo-assisted backtesting.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
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