thomasfar6
Panjang

BITCOIN - Parallel Channel + Strong Resistance.

BITSTAMP:BTCUSD   Bitcoin / Dolar
Over the past days, we have seen a large drop in the cryptocurrency market leaving almost every single coin under its previous sites. This is a good thing as it sets the market back for a period of consolidation where we can regain momentum and strength allowing the trends to continue.

Right now big when is forming a parallel channel where you can expect the price to fluctuate until they break out or break down full stop the break it will be indicated if we pass above the orange line which acts as the resistance from here we could be heading back to previous highs.
Thanks. Now I have 50% UDST, 50% BTC. What would be a safe bet, to allocate for a month (travelling)? Thanks in advance , Merry Xmas!
Balas
@AlxSt7, Check it out now!
Balas
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