BTC - 10k-10.5k New trading canal ?

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Even we have some little moves, we always stay between 10k and 10.5k. It looks like the BTC want consolidate in this range before the next move. But about that next move, what will be the direct? Up break Out or Down Breakout? What is your opinion. I don't like to take position on this kind of question and I prefer follow the market but perhaps some here have an answer.

I wish you massive profits,
Cryptopassion.io

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For me is a Bear Triangle, going down if broken

Posted using Partiko iOS

It looks like it is going up, we broke the 10500$ which is a bullish signal as explained in my previous posts

I trade the trend, but I would love for it to go down to 7k-8k before going up, so we could retrace to the golden pocket and actually get a good long entry...

as explained upper, at short term now we are bullish, we broke the 10500$ and so the W pattern is validated even this pattern is not 100% clean now

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