Cryptocurrencies

Bitcoin: Waiting for Resolution! Answering Your Questions

Bitcoin has been consolidating around $11,500. It continues to respect the descending resistance line, and overall support around $10,700.

Screen Shot 2019-07-06 at 1.34.37 PM.png

Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA, as well as the 50 day MA all converging. This suggests a larger move to come, likely in the next few days.

Screen Shot 2019-07-06 at 1.35.27 PM.png

In today’s video we’ll discuss where price is going next, traps to avoid and so much more. I’ll also answer your questions. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

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

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YouTube: https://www.youtube.com/c/workin2005
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Feature Image By: Saul Gravy

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