Bitcoin is bullish at big timeframes. However, it is not strong enough to jump directly from this level. There is a clear sign of weakness coming from lack of momentum and the low volume leaves a chance for a relatively huge leg down before seeing higher numbers. This will be definitely a healthy correction but any lack of momentum is always a potential threat and risk.
AMDEL
AMDEL
Trade chiuso: obiettivo raggiunto:
The analysis played out nicely.
Follow the 14 May Analysis (BITCOIN IDEA) to get updates on next movement of BTC.
Follow the 14 May Analysis (BITCOIN IDEA) to get updates on next movement of BTC.
