Let's see what we have here on Bitcoin. As we can clearly observe from the chart, the price is still stuck in a range, or as we love to say, stuck in a mud. Moreover, we can see a really long and powerful wick manipulation which was implemented by China in attempts to break the lower boundary of the sideways ranging rectangular box and take out a large amount of Stop Losses. Happily and luckily, the attempts to drop the price like a needle resulted in being unsuccessful. Now, we are looking forward for the price to continue growing and reach the area identified on the graphic.
Happy trading, everyone!
Happy trading, everyone!
