PolarHusk

BTC/USD (Another Higher High)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
๐Ÿ’ŽTechnical Analysis Summary๐Ÿ’Ž


BITSTAMP: BTCUSD

-BTC did a great job making another Higher High and breakout its previous top
-Our new potential support is 18.3k dollars area or previous resistance zone
-If Bitcoin can't pass above 19k within 24-48 hours
-I'm expecting a potential consolidation in this immediate support range
-And we will wait for another Bullish price reaction if another leg up is possible
-Always be patient and wait for the proper entry provided there is buying strength
-The key here is "Sign of Strenght" in every pullback
-Because you don't want to buy at pullback if there is no sign of Bullish strength




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Comments

Great job! I also see an interesting way of charting this through the parabolic ascend. Curious if you took a look at that too:
+1 Reply
thank you for sharing. ::)
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30k then 40k
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You are aways welcome
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Wonderful analysis! I like this setup. ๐Ÿ‘๐Ÿป๐Ÿฆ๐Ÿ‘Š๐Ÿป
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Great really great ;)
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@saud25, Thank you ๐Ÿปโ€โ„๏ธ๐Ÿ™๐Ÿ˜Š๐Ÿ˜ƒ
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I like your analysis, I believe you're right :)
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