Is Bitcoin Setting Up For an Explosive Move to Bring in the New Year?

in bitcoin •  15 days ago


Bitcoin continues to get squeezed, creating higher lows and lower highs. Overall volume remains weak. As price approaches the apex of the larger wedge it’s operating in, we should prepare for a larger move.


Screen Shot 2018-12-31 at 8.54.14 PM.png

Looking at the 4 hour RSI, we can see it’s also getting squeezed. This also suggests a larger move to come in the next 24-48 hours.


Screen Shot 2018-12-31 at 8.54.41 PM.png

In today’s video analysis I discuss, traps to avoid, possible trade scenarios, short term price movement 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:


upvote.gif

Open an Account on Binance here:
https://www.binance.com/?ref=16878853

Support the Crypto Ecosystem with Brave Browser:
https://brave.com/wor485

Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005


Published by Workin

on

with SteemPress
https://mentormarket.io/workin/is-bitcoin-setting-up-for-an-explosive-move-to-bring-in-the-new-year/


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Good analysis my opinion bitcoin will fly to $5000

Happy new Year 🎈 🎆 my friend ! Hopefully it will be a good one.

Posted using Partiko iOS

·

Happy New Year @vlemon!

Great analysis, lets hope the volume picks up in 2019.