Daily Crypto Analysis 1/13/2018 - (BTC)

in #bitcoin2 years ago

BTC is still continuing its ABC correction (red) with complex ABCDE correction as C. Will be approaching resistance at $15.6k as the price approaches top side of the triangle (green). If you choose to trade this pattern, it may be good to park your BTC in USDT and/or any alts that are bullish against /BTC pair.

As you always should do with technical analysis, you should always readjust your chart if the price does not follow your projected path. More updates to come.

https://www.tradingview.com/x/LnmyfIVi/