Bitcoin – Fake Breakout

Hello!
200 MA/daily is a solid resistance,
200 MA/weekly is a solid support,

We can clearly see bitcoin under 200 MA/daily is bearish trend same as in 2014-15 with ~455 days of bear. We will have a move upwards 200 MA/daily this summer 2019.
This is where 200 MA/daily will act as an support.
We are now in a consolidation phase, hard to determine if it was already bottomed but clearly is possible we can retest this lows of december 2018.

Have a great day!

Published at Tue, 02 Apr 2019 17:18:45 +0000

You might be interested in …

November 11, 2018

Easily Make $100 Day Trading Cryptocurrency On Binance Beginner

Easily Make $100 Day Trading Cryptocurrency On Binance Beginner 🔥bitcoin Blueprint – https://bitcoin-blueprint.net ⭐️TRADE CALLS: https://trade-calls.com 💡10 Free Training Videos: https://bitcoin-blueprint.getresponsepages.com/ 💎3Commas – $10 Free Credit: https://3commas.io/?c=tc28611 ⛏ Cloud Mining ⛏ HASHFLARE SHA-256 bitcoin Mining […]

August 7, 2018

‘Bitcoin is the Best House in a Tough Market,’ Says Fundstrat’s Tom Lee

‘bitcoin is the Best House in a Tough Market,’ Says Fundstrat’s Tom Lee bitcoin price has had a rough seven days. The world’s largest cryptocurrency marked roughly around 12 percent decline in the last week […]

August 8, 2018

Top 5 Super Undervalued Cryptocurrencies For 2018

Top 5 Super Undervalued Cryptocurrencies For 2018 ★☆★Build Your Own Mining Rig! Yursa’s Recommendations!★☆★ ► Graphic Cards: XFX Radeon RX 580 8GB►https://amzn.to/2JrsjDc ASUS Radeon RX 580 4GB►https://amzn.to/2JhHGlj ASUS Radeon RX Vega 64 8GB►https://amzn.to/2Lxy4Ql EVGA GeForce […]