NomadMoxy
Panjang

BTC Looking bullish

COINBASE:BTCUSD   Bitcoin / Dolar
BTC             is looking bullish . There is a bullish pennant and an ascending triangle .
Even through the last few weeks, the ascending line was only broken once and it was for a brief moment.
The momentum is building and BTC             is getting closer and closer to it's next breakout and bull run.
Perdagangan aktif: fire sale.

price came down and kissed 9000. This has formed a new wedge. The blue support remained untouched and there has been a nice bounce back up to 11700.

I am anticipating movement within this new yellow wedge over the next few days.

Historically, this time of year has been market low. There was a doji on the 4hr chart which is usually an indicator of reversal.

I have 6000 btcusd contracts with 10700 as liquidation price, seems it's better to hold, any advice?
Balas
NomadMoxy akhalifeh
@akhalifeh, I cannot give advice on how you should trade. It looks like we are in consolidation. It can take a long time until we see movement in either direction. When we have been bouncing off our support around 12600 it has been with extremely low volume.
Balas
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