TradingView
GabrielFreitas
Jul 30, 2018 1:20 PM

Bitcoin consolidated at 60 minutes graphic time 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

The bitcoin chart in the 60 minute time, shows that we are facing a major consolidation, is not giving any notion to where the price goes in the very short term. I believe in a power breakout caused by the MMA200.
Power Breakout: Where the average, regardless of the period applied, reaches the price, pushing it to the direction in which it points (in this case up).
More