BTC/USD Possible BUY signal


Bitcoin prices have gone outside the red channel.
Volumes do not confirm this break yet but the volumes I see on this graph are not the actual volumes of the totality of bitcoins exchanged. If the prices goes over the yellow SMA50 it is a buy signal with stop inside the red channel.

If they choose the up way what we just saw was a mid trend flag and the target is over 6.000 as supposed in this older post.


If the prices will confirm this break we can suppose the new channel to be as wide and sloped as the old one.
It is dashed because it must yet be confirmed.

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