BTC break out to the upside imminent?
BTC has been consolidating around present levels for 3 days now. It is in a tight uptrend that is part of a V shape recovery from the recent low at 50400.
It is now touching support at the lower end of that channel as well as support from the 20 and 50 day moving averages.
Various other coins have already broken to the upside, ETH being the most important one here.
I expect an imminent move to the upside, first TP being resistance at 62500, see area in the graph.
It is now touching support at the lower end of that channel as well as support from the 20 and 50 day moving averages.
Various other coins have already broken to the upside, ETH being the most important one here.
I expect an imminent move to the upside, first TP being resistance at 62500, see area in the graph.
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