BTC - consolidation phase in progress

in #bitcoin7 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

After that nice up of yesterday, we are now entering into the consolidation phase.

  • My first scenario is that we will soon go touch the MMA13 before doing a continuation.
  • My second scenario is that we will reach the MMA20 and use the support line in violet to do the continuation.

In both case, a so nice break out should not stop in 1 phase. I expect at least a continuation and the coming of a second big up.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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No more red candles please :(

Thank you bro @cryptopassion , your the best ❤️

Be careful people, don't get rekt. Only invest what you can afford to lose.

Buy the dip!

Great news for bitcoin Holders that Bitcoin is again on track.After consolidation it will rise. Let's hope for the best. Thanks for sharing @cryptopassion

Thanks for the info bro!

Thanks for sharing cryptocurrency update providing news.
I appreciate your post

Up or Down is win/win! Those who invest make money going up (long position) and money going down (short). They have a strategy (enter/exit targets, stop loss and they take profit). In this way It is all one big celebration!

thanks for sharing. up trend comeback
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Fasten your seatbelts, i also think we're in for another ride :-)