Further Consolidation - Bullish

BITFINEX:BTCUSD   Bitcoin / Dollar
Further consolidation of BTC may give us enough steam to break 14k and take us to 17k (where I will be probing a short). Current trend is neutral until we see a confirmed direction. I am however bullish because a breakdown of 10200 would have happened with Jap. exchange hack or all this USDT FUD (which btw happens every few months) no need to worry...

Closer we get to the major 14k trendline , the easier it will be to breach. This appears to be a very probable bullish scenario.

On the other hand, if we see a clear breakdown of 10200, we may see $7500-$8500 (where I will be dip buying with size) - this to me is a less likely scenario however.

Not financial advise, just speaking from experience and personal opinion.

Comment your ideas below, would love to hear some thoughts
Kommentar: 50 Day MA (moving average) and 200 Day MA just crossed....

Last time that happened was in April...

We all know what happened after....

The New UPTREND is in the making
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden