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DrLydia
Jun 27, 2020 5:16 PM

Potential Long $BTCUSD above $8800 Long

Bitcoin / U.S. dollarBitstamp

Description

Hello Sophisticated Traders,

Thanks for your comments, like and follow on my previous post. The BTCUSD has consolidated as expected and is holding on to support. Though it cannot be ruled out of addition falling especially due to Covid-19, it would seem that the consolidation is in line with a potential upswing over the coming weeks and months. A daily close below $8800 would negate this setup and yield more falling.

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Dr. Lydia Smith
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Comments
Biduoduoduo
good point

similar idea~~

DrLydia
@Biduoduoduo, Yes...
QadeemX
Thank you, Dr. Lydia!!
DrLydia
@QadeemX, You are welcome
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