BTC – Decreasing supply & saturated price right now

Hi Guys!

As usual, on Monday let’s start off with the current situation on BTC.

It doesn’t look bad.

Within last 12h we had one of the biggest volumes over the last 6 weeks.

As a result, the price has gone up. This is not much but still positive.

Here are the technical analysis details:

• The price has broken up the last price peak.

• EMA crosses Median – as usual, it means the price goes up

• Weis Waves – we can see there is clearly decreasing supply. We need more demand right now.

• WBM BUY/SELL Indicator – it shows the price is saturated. The correction is possible.

Manual:

• Wait for the correction or at least for the accumulation.

• The price right now is saturated – we will make an update showing you that parameter

• Stop-loss at $3630 or higher

• Next price level to attack is $3882

Thank you for your time and reading.

Don’t forget to join our telegram channel. See you there.

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MASSIVE Hugs!
WBM Team

Commento:

Commento:

Wow. The price has reached $ 3900 breaking up the next resistance.