rlh86

BTC - RANGE, THEN LIFT OFF

Long
COINBASE:BTCUSD   Bitcoin
Ok. So there are some bears out there saying that "yes it broke out of a multi month downtrend bull flag, but it still hasn't surpassed key resistance levels. Both statements are true. And because of that we could potentially range for some time. I do NOT think that is going to be the case but it is a possibility. Therefore, you must be mentally prepared for that to happen. Ranging is a good thing. It tightens up the BBands it compresses the overall chart and creates a buying opportunity prior to the halving. I think that if the ranging does occur it will only add to the rocket fuel prior to the halving and into the later part of 2020.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.