BITCOIN, reaching support on the 200MA

Do repost and rate:

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.

@toofasteddie

*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.

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