fathi323172

My Theory/Speculation On Bitcoin Based On Price Action Analysis

COINBASE:BTCUSD   Bitcoin
Hello There! How are you today I'm going to give you BTC/USD analysis. As you can see on the chart if the buyers can't break that 15837,46 line then is safe to assume that the buyers already give up and start the sale mode, but if the buyers can break that line (keep in mind that the buyers are slowing down), then there's a possibility that we can make a higher high. The price that we are sitting on right now (14258) is also another key point area that can determine the long term direction of this instrument.

Maybe that's all for today , have a great trading experience!
Happy and safe trading
Penafian

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