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BitcoinMaximus1
Apr 18, 2020 3:45 PM

Bitcoin's Breakout - Valid Or Not? 

Bitcoin / TetherUSBinance

Description

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The price is in the process of breaking out above its trading range.

However, volume is minimal, making it more likely that the price falls back within the range.

A decrease below $7150 would be the entry trigger, with a target of $6700.

Comment

Trade going as planned, BTC has decreased and fallen back inside the range. Expecting more downside in the short/medium-term.

Comment



The price has already reached the range EQ. Waiting for the range low.
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