Pento_Investment

BTC consolidation after triangle breakout, $4000 key level

Long
COINBASE:BTCUSD   Bitcoin
BTC staged a classic triangle break a 1/3 end of triangle break out on Sunday with high volume. consolidation is expected as the price reached critical heavy volume area around 4000, on which the bear pushed down the price in December. LTC catched limelight of trading community after rising 10% on weekend.

On the whole, cyptocurrency is showing signs of volatility and trading volume, I estimated, would enlarge in this turbulent time.

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