As previously mentioned in my previous two posts...
Article 2
Article 1
...Price has broken out of its range (Point D) and has reacted at the blue line (resistance point created at point B.)
The closest buying zone for price to continue to move up, given a small correction and thus a downward failure, would be at Point E.
Enough orders will have accumulated here for price to continue upward. The lows provided around Point C also have many buy orders accumulating as price continues to drift upward.
Follow along as I break down the evolving Bitcoin market!
