pnaik732

The Consolidation

Long
BITSTAMP:BTCUSD   Bitcoin
The consolidation goes on and on... this is of course extremely reasonable, but since BTCUSD is usually more volatile it feels a bit boring! The good news is down-sloping trendlines keep getting broken, another mini-breakout just now. The concerning (albeit slightly) news is BTCUSD keeps going back to test that major trend line again and again, though it seems to be riding it quite well. Eventually going to make a stronger move. Currently still leaning towards a higher move.
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