bibsz

re-accumulation; 62k- ... 64k again

Long
bibsz Updated   
COINBASE:BTCUSD   Bitcoin
Price staying upside 61.2k holding on support, while showing signs of weakened supply, give us more confirmation that we are in fact, in re-accumulation. And a break upside 62k could make us aim at 62.8k. And to consider 64k, break upside 62.8k on still strong demand is important. Here it is not important to monitor it more, going level by level, since if it goes up it will go toward some important resistance.


Re-accumulation cycle characteristic


Daily
Comment:
supply volume pretty too heavy to be considered a valuable LPS
on the 15min
Trade closed: target reached
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