adelaidepoh

BTC/USD at resistance level, could Consensus cause a breakout?

Long
BITFINEX:BTCUSD   Bitcoin
Welcome back once again for another update on BTC folks. As you can see from the graph, I accurately predicted the dip back to 8300 and how resistance will be seen at 8700-8800 levels. Which is the level BTC is currently on. Volume is still rather low, but signs of accumulation can be observed. MACD indicator shows that prices might still be headed up. Do note that if BTC does break out from 8800 levels and 9k levels with a CLOSED CANDLE (do note the closing of candle is very important so it is not a false breakout), it might be headed way up. Till then i'll be back with another update. Lets see if Consensus 2018 will be able to bring larger volume and bulls together to break past 10k levels.

May the markets be with you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.