Bitcoin in a zone of convergence of two resistors

Bitcoin in a zone of convergence of two resistors

By GranRethory | GranRethory | 5 May 2019


On the date of the date Bitcoin has encountered 2 lines of resistance that converge on the same point, at this precise moment has 2 options:

 

1) bounces on the red line, and falls to seek liquidity and recover strength as a bullish an inverted shoulder head shoulder, to look for higher heights

2) Continue chasing the yellow resistance surpassing the red one, and then do a Throwback on the Red line to start the upward path

 

There is a 3 option that at the moment is somewhat remote and is that I managed to overcome these resistances in any way and directly go to find a new minimum, which I think would be the last

 

For now we are.

 

Remember to visit my blog here on publish0t, you will see my previous trading ideas which have been correct for now.190903265-31df7b35fb955d9ab856893227128eb70c4c25bcc28921e7a3bf34e1040539b8.png

 

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GranRethory
GranRethory

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GranRethory
GranRethory

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