BillCharison

$BITCOIN - DUMP Happened, What to Expect Next?

COINBASE:BTCUSD   Bitcoin
After the recent big dump, the shadow of the candle ends much lower than the candle's body. This fact tells us about the bulls' strength. Moreover, there was formed a resistance level at the $8565 mark. From this level we can see a number of strong sales. All these factors suggest us about a formation of a triangle, but currently we can see only a falling wedge - reversal pattern.

By the way, want to mention that the level $8270 stayed strong as we expected. Therefore, in case the resistance will be broken, we would see a pump up to the $10000 level. Local priority is upward, when the price will come to the end of the wedge. Globally, the price is located in the decline phase and we can talk about the growth only in case of $10000 breakout in the near future.

Work in the team of Crypto Klondike.

Website:
klondikepro.com/

Public Telegram Channel:
t.me/CryptoKlondike

Join Bybit with us:
goo-gl.su/ibF9Y

Twitter:
twitter.com/Robert_Klondike

Email:
ekstraruto@gmail.com
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.