ACCOMULATION TIME
Updated
After this first test, although I see that many traders are praising the downside, I believe that another attempt to the upside can be seen shortly.
Of course there are two historical resistances, and the price is an average of btc between 6.2 and 6.9 is the historical average, however I believe that another breakthrough can be attempted.
In fact, today it has not irreversibly bounced down, also because it has tested again on the supports of the moment.
There is a "ladder" bike that brings the price below the maximum levels.
If the market has confidence and if the accumulation will be constant I believe that we could break through and reach 7.4 or more.
The previous analysis that I connect via link confirms the hypothesis and has entered the breakthrough test performed today.
We are always here, we will try again.
For me it is still "LONG". Hope;)
Of course there are two historical resistances, and the price is an average of btc between 6.2 and 6.9 is the historical average, however I believe that another breakthrough can be attempted.
In fact, today it has not irreversibly bounced down, also because it has tested again on the supports of the moment.
There is a "ladder" bike that brings the price below the maximum levels.
If the market has confidence and if the accumulation will be constant I believe that we could break through and reach 7.4 or more.
The previous analysis that I connect via link confirms the hypothesis and has entered the breakthrough test performed today.
We are always here, we will try again.
For me it is still "LONG". Hope;)
Trade active
Right Now we have a bull movement 6730 USD. The price today going in horizontal but fortunately not in down. I see SPX & GOLD that today had very good performance and i hop that this conditions it's is tha same for bitcoin now or in the next hours. For me we are in distribution end accomulation.Trade active
medium bullish divergence
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