Expecting a bullish move in BTCUSD - $2500 holds and up we go!

in #cryptocurrency7 years ago

Screenshot 2017-07-02 23.23.57.png

Just no quit - currently consolidating at the 30minute 200dma approximately $2500 US. We are watching for this level to hold and then further price progression to the next areas of resistance and pivots on the chart.

Screenshot 2017-07-02 23.28.18.png

A break of the wedge approximately $2530 with some momentum may begin the next bullish move to $3000. for the uptrend to continue, the worst case, line in the sand for BTCUSD is the 30minute pivot area around $2460

Ive been posting through the day technical analysis on bitcoin in the hopes to share with people a methodology that works on predicting cryptocurrency price patterns.

To see earlier posts:

https://steemit.com/bitcoin/@satchmo/bitcoin-going-to-keep-running-to-usd3000-how-about-to-the-moon

Resteem . Upvote .

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<3 Follow me @satchmo

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