I am speaking about the hourly-chart of BITCOIN. It is the first time since February 22nd that BITCOIN has managed to stay above the 200 Moving Average on the hourly chart, at least for a while.
For me this is a good signal of uptrend continuation, however, we have to see if the small Head & shoulder pattern created is not acting as a call for BEARS.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Posted Using LeoFinance Beta
