forexbrokr Blog Banner

forexbrokr

Bitcoin’s Surging Price Action

4DCE40DE-8358-4827-86D5-E9226316876B.jpeg




Hey guys,

What’s this guys? Optimism in the crypto community?

After Bitcoin broke out of resistance, price has actually looked really strong. Get around it!

So, if you have been living under a rock and missed the breakout I’ve been talking about on the blog, take a look at the daily first below:

BTC/USD Daily

98DC865E-3B44-4E4D-BA1C-53226A6CDA8A.png

Look at how beautiful that big, green daily candle looks. It truly is a thing of beauty.

Yeah so I’m a weirdo. What of it?

Now zoom into an hourly and look at the intraday price action, which quite frankly, is just as inspiring:

BTC/USD Hourly

5251051A-3EC7-4CB4-A3B5-CE7BC2A7BC72.png

I’m really liking the way that after the breakout, price continues to surge. There’s two more clear surges after the breakout on that chart which I’m sure you can see.

Price has now pulled back into that first major area of consolidation and to show REAL strength, needs to bounce out of here and surge again for another day.

Come on Bitcoin lad!

✌🏻.




@forexbrokr | Steemit Blog

Market Analyst and Forex Broker.

lion-header-blue.jpg

Twitter: @forexbrokr Instagram: @forexbrokr

Leave a comment to chat about forex and crypto trading mentorship.


Return from Bitcoin’s Surging Price Action to forexbrokr's Web3 Blog

Bitcoin’s Surging Price Action was published on and last updated on 25 Jul 2018.