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Fruit being picked from a ripe vine. The Factor Trend Model has turned UP. The WBB rally today in BTC is the next important piece to the puzzle for a bull move.
If the strength today holds it will be considered as a Wyckoff SOS buy signal. A decisive close above 6829 (GDAX) completes the H&S bottom and indicate that the intermediate path of least resistance is up. The target of the H&S bottom would be 8032 -- but more importantly, this could be a bottom of major significance.

The down channel in Bitcoin Cash has been penetrated, and the Factor Trend Model is rolling up.

plb ###. Bitcoin Live is an educational trading and investing subscription-based platform that aims to provide original & unique actionable information by analysts on everything Bitcoin & crypto related. It is a team of respected, professionals with over 100 years of trading experience.

Article Bitcoin posted 4 years ago

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