BTC decisive moment of the correction

By MrBullishSail | TA crypto market | 20 Jul 2019


351665157-0bec9d1eb82c983e83514c3afbc14c6776cd4beb9313689fddd2580515c64a5b.png

BTC seen from 4H we can observe a bearish pattern (ABCDEF) that should conclude making a strong bearish movement towards the price range of 7255 - 7716 creating the point C of the structure. In order for the price to continue rising, you must make an HH above the 11500 and an HL above the support or by pullback retrieve the support quickly to follow the bullish movement.

 

I will take advantage that the market is in a decisive point before the correction that is having BTC in these beginnings of the bull run to take a vacation, I will be resting to recharge "batteries", these days the market of alts will be in red numbers if BTC goes towards 7600, any TA that I made now can be affected by a strong movement of BTC, I will return at the end of the month, I will try to give some updates by twitter during this time ;).

 

You can follow me on Twitter: https://twitter.com/armijogarcia

My profile in TIMM: https://mentormarket.io/profile/?mrbullishsail/blogposts

https://mentormarket.io/about/terms-of-service/

How do you rate this article?

0


MrBullishSail
MrBullishSail

Technical Market Analyst Crypto trader Website: https://www.buymeacoffee.com/XCdmEAZnD Twitter: https://twitter.com/armijogarcia


TA crypto market
TA crypto market

In this blog I will be publishing my technical analyses made to different cryptocurrency.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.