Anpu

BTCUSD | Consolidating Below Horizontal Resistance

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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Price is consolidating below the horizontal resistance. It's not recommended to take any position until price produces a confirmed breakouf of either boundary.

In case with an Upward breakout we should wait for the horizontal resistance to be broken too, before to initiate a long position

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.
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Comments

Btc depens on whale effect are high up trend.
+1 Reply
Anpu Protixder
@Protixder, Good Analysis!
Reply
Anpu Protixder
@Protixder, Thanks for sharing!
Reply
@Protixder, good deal. neat update.
Reply
Anpu mr_kosovskiy
@mr_kosovskiy, Great Chart!
Reply
Anpu mr_kosovskiy
@mr_kosovskiy, Thanks for sharing!
Reply
Anpu bloodgood
@bloodgood, Good Video!
Reply
Anpu bloodgood
@bloodgood, Thank you for sharing!
Reply
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