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WBM_Team
12 lug 2019 12:10

BTC – consol. inside ascending triangle - breakout end of July Long

Bitcoin / U.S. dollarBitstamp

Descrizione

Hi Guys!

This is how it looks like.

We got stuck in the ascending triangle.

This is good and bad.

Good is the fact that this is a bullish pattern.

As marked on the chart the breakout should be somewhere at the end of July.

Till this time the price should sway between 14K or even 13K and the ascending bottom support.

Don’t panic.

This is normal.

All we need for happiness is finally alt season.

Patience and emotion control is crucial in this case.

Take care.

Thank you for reading and your time.

Hit a like for support! We really appreciate this!

Have a great weekend.

MASSIVE Hugs!
WBM Team
Commenti
Jocoin
Agree on this!
Bitcoin bull run fractals on daily - Targeting Golden Ratio!
knowlton23
So far it looks more like a pennant or symmetrical triangle to me, since we made a lower high at 13K. But time will tell.
meveme
Btc
10900 lows
11500 highs
A new range !!?

Alts need to recover !!!!!!
anonycoin
@meveme, the author doesn't understand: 1. Whales need to take profit after pumping the price hardly 2. Volume Profile is very low I can say it is extremely low. 3. What is going on now alts being slaughtered to pump BTC and we just reached 14K USD at the max. Conclusion: there is no new money, btc needs to go down, so that people/new money can enter the market.
meveme
@anonycoin, yes some part is true
Everything is in the chart
Volume is important but not always
Yes new money needs to be pumped in
Alts need to recover
Btc needs to correct if we want to have a healthy bill run for at least average of 1/5 year
This parabolic run , crocodile tooth is not as healthy as we think
Agree 14k is top for now
Btc needs to find a bottom
I don’t see it above 10k
May be between 9-10

Cheers :)
meveme
@anonycoin, After all
On the 30 min
At 11500 there is a bullish divergence happening
If u look at the volume is dropping but the price is not
Indicators are higher low but price is making lower low
There is a chance of pumping to 13k again very likely

I am waiting to get in may be
anonycoin
@meveme, why the heck you are using 30M? I wont use that, sorry.
meveme
@anonycoin, I don’t say I use
I never use less than 4H
Most of the time D

I said there is a BD on the 30 min

We had a little dump to lower 11k anyways
:))
Make_Money_Guru_Bitcoin
plz cheak my share idea on tradingviwe
WBM_Team
@Make_Money_Guru_Bitcoin, we will do so.
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