DVAInvestmentGroup

[BTCJPY] the Calm before the Storm

BITFLYER:BTCJPY   Bitcoin / Yen Jepun
Hello, This is D.VA.

Today's briefing is based on Japan exchange Bitflyer volume.
From 1 day chart, after VFI got into negative phase, it has shown inverse Head and Shoulder Pattern which shows an accumulation.

Since it brokethrough strong resistance, we prospect positive movement in longterm perspective.
However, due to not enough retracement and the formation for ascending broadening wedge pattern, we still open the probability for correction.

Since the price approached to the edge, it might show a big movement soon.

Investing strategy is same. Operate 30% of our asset to accumulate such as GRS, and be prepared for a sudden drop.

Hope you have a great day^^
Penafian

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