BTCUSD update: Feb 3, 2019

Hello every one, here is new update for BTCUSD. We had breakout for upper line of the triangle in second bounce back in BTCUSD. We had similar results in LTCBTC too. We could see bull flag up and i estimate up to maximum 3600 BTCUSD. in my opinion we could see a bounce back from 3600 BTCUSD channel. Volume is not that strong to break up the 3400-3600 channel

You may find the previous analysis here:

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Kommentar:

In BITFINEX:BTCUSD chart we have some improvement in MACD and squeeze momentum but definitely we are in in consolidation phase. I have updated the triangle that shows the market will be changed soon.

In my idea there is no enough volume to for breakup so we would have another crash, unless the whales role the market.

Trade wurde manuell geschlossen:

Volume was increased and the BTC price reached to 3600, If this continues to 3700 and stay in this channel we would have bull flag there after.