BitcoinLong
BTC March 30, 2024: How Long The Consolidation?
Updated
On March 30, 2024, BTCUSD already has been going back and forth within the range 68,500 - 71,500 for 5 days.
This is an accumulation during uptrend therefore we should look for buying opportunities.
Last time, during Feb 2024,BTCUSD needed 11 days consolidation in the range 49,000 - 53,000, from Feb 14 to Feb 25, before finally breaking out on Feb 26.
How long will the consolidation last this time? As a trader I have no idea. Just looking for an entry at breaking out moment.
BTCUSD already has been going back and forth within the range 68,500 - 71,500 for 5 days. This is an accumulation during uptrend therefore we should look for buying opportunities.
Last time, during Feb 2024,
BTCUSD needed 11 days consolidation in the range 49,000 - 53,000, from Feb 14 to Feb 25, before finally breaking out on Feb 26.How long will the consolidation last this time? As a trader I have no idea. Just looking for an entry at breaking out moment.
Order cancelled
On April 2, 2024, the downward move below the consolidation zone invalidated the expected breakout pattern to the upside.
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