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Bitcoin
Long

BTC/USD ANALYSIS (short term)

By Guario
Hi traders :) Here are some thoughts regarding the possible Bitcoin short term price action. The chart shows a consolidation period started after the Cryptocurrency hit the 25/11/2019 bottom. The price has recently broken the resistance down trend which accompanied price action since the 19/11/2019. If price breaks up the volumetric level of 7464.16 a strong uptrend could occur. Look at the chart for possible entry, stop and targets. Write me in the comments if you have any question, thoughts or critics. Good luck :)
Trend Analysis
Guario
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