[ Trading ] Bitcoin is still in Consolidation, Alts are getting ready for a breakout

in trading •  4 months ago

Bitcoin is still in consolidation and has been for the whole weekend. But what is looking more interesting are the Altcoins. I am watching Ripple and Ethereum. Thinks are getting very very tight. Dan from The Chart Guys think we will see a break today.

Will the break be UP or Down?

Here is Dan from the Chart Guys with his take:

Do you think the ALTS will break UP or DOWN today?

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour soon.

Thank you. :)

PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it in the first 3 to 15 min of posting. You get 90% to 100% of curation rewards.
PPPS. Hot Tip 3, upvote your own post in first 3 min. You will get all of it back.
PPPPS. Hot Tip4, I love buying upvotes after 20 min of making a new post. Make sure you upvote before I buy upvotes to get your share of the curation rewards.

Thank you for your support.

Regards

Colin Brazendale

Email: cwb197@gmail.com
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/
Website: http://www.autotradingrobot.co.za

More information about me:

I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot. So far it is going well, and I am in profit. 😊

Most of my time is spend on internet marketing for my clients on Google Adwords, but I also love network marketing on the internet.

I have been cloud mining for the last 2 years, but stopped promoting it due to the low returns from Jan 2018.

Why I joined Zukul Trade:

How to get started with Zukul Trade:

Proof of earnings 18 May 2018. The auto trading bot made $170.88 in the last month in down market.

Contact me via email cwb197@gmail.com for more info on the auto trading bot.

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:  

I vote for a breakout UP today.

Hey @colinbrazendale, I am building this website about crypto and I'd like to know if you'd like to join our mailing list?

·

Yes, I would! Where is it?

·
·

It's not live yet, it should be in a month or so though, thanks :)

Colin U just received a free upvote and resteem from @steemwhalepowerplease upvote this comment to help everyone who uses this service if you want me to remove this comment reply remove

send 0.100 sbd or steem for 2 upvotes and a resteem follow me for random Upvotes and resteems

This post has received a 4.33 % upvote from @booster thanks to: @colinbrazendale.

You got a 6.46% upvote from @brupvoter courtesy of @colinbrazendale!

This post has received a 5.09 % upvote from @boomerang.

follow and upvote me back please

·

Thank you for your support @javee311

The opening day for many retail traders and investors proved to be relatively slow across the board, with BTC only managing to range $100 to the downside since this morning. Bitcoin continues to respect the channel of $8,060 - $8,310 with price not testing either of these levels over the past 24hrs.

The 4hr chart shows the clear consolidation and minor channel that price has formed since being rejected at the $8,600 level. It is still unclear of which way price will break but i believe the longer we trade within this region, the strong the break will be, either to the downside or the upside. I believe we could range within this price region for the next few days before retesting the $8,600 level towards the end of the week as the markets wake up and investors are very active on the charts.

Screen Shot 2018-07-30 at 10.55.37 pm.png

·

So we broke to the downside in a big way. I think we will go down more, but hope that we will make a higher low from what we saw at the end of June. Like 5900.

·
·

I totally agree. If we are able to create a lower high that will be very positive for price rising in the future as that is the necessary pattern of an uptrend.