Bitcoin Technical Analysis: Watching and Waiting

in #bitcoin5 years ago


Happy Holidays all! I apologize for the lack of updates. We’re currently in the process of moving across country. This has been extremely time consuming. Between that and the holidays, I’ve not had the chance to post TA as much as usual. I hope to be back to normal near the end of January. Now on with the analysis...


Bitcoin has decisively broken back above the $3,800 resistance. While this is a welcome rise for bulls, overall volume reminds relatively low. It's currently consolidating, trading around $3,850 on Coinbase.


Screen Shot 2018-12-29 at 3.08.28 PM.png

In today’s video analysis I discuss, where price my go from here, traps to avoid, potential trade setups and so much more. I hope you find it helpful.


Video Analysis:



If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.


I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin


If you found this post informative, please:


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Open an Account on Binance here:
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Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005


Published by Workin

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https://mentormarket.io/workin/bitcoin-technical-analysis-watching-and-waiting/


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Appreciate the updates while you are busy!! Hope the move goes well

Thank you. It’s been challenging.

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