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TradingShot
1 Mar 2019 pukul 19.51

BITCOIN Market Cap shows the way Pembelian

Crypto Total Market Cap, $CRYPTOCAP

Deskripsi

A Total Crypto Market Cap chart with the 1W MA20 showing the points of pressure/ contact and the subsequent action.

Three contact attempts (red arrows) with the MA20 resulted into a rejection but the third has been the key as it took place after the bottom. This signals the start of the consolidation period that lasted 31 weeks. The next contact resulted into a spike that didn't last but the second was the signal of the start of the bull market.

My strategy remains buying every dip up to December's bottom.
Komentar
BlockchainYahoo
What your chart is showing is that btc will retest 6k then 3k before it goes higher
TradingShot
@BlockchainYahoo, Correct. I think we will approach 3000 one more time during this period, before turning really bullish.
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