Cryptocurrencies

Bitcoin Rallies Back to Test Major Resistance!

Bulls have fought their way back up to test a major resistance at $11,500. This is a critical zone for bitcoin. Not only do we see clear visual resistance, when zooming in on a micro level we can see it’s hitting the golden pocket when pulling the fib from the local swing high to local swing low.

Screen Shot 2019-07-03 at 12.17.34 PM.png

Bitcoin is also sitting right inside the upper CME gap.

Screen Shot 2019-07-03 at 12.20.57 PM.png

In today’s video I discuss where price may go from here, traps to avoid and so much more. I hope you find it helpful. I’ll follow up this video with another one that answers your questions.

Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

If you found this post informative, please:

upvote.gif

Get paid for viewing ads and Support the Crypto Ecosystem with Brave Browser. Free download here:
https://brave.com/wor485

YouTube: https://www.youtube.com/c/workin2005
Twitter: https://twitter.com/workin2005
Facebook: https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy

Related posts

Crypto Contest July 10: Fantom

Markus Aarnio

Tether/Bitfinex linked to QuadrigaCX scandal in latest DOJ lawsuit – Tether may be fully backed

Pandora's Box

Two Minute Crypto – On Expertise

cryptos-decrypted

Get involved!

Comments

No comments yet
s2Member®