empty
 
 
24.06.2019 06:41 PM
BTC 06.21.2019 - Cosolidation

BTC has been trading sideways in past 2 days and it is doing consolidation at the moment. You should watch for potential breakout of the horizontal base to confirm further direction.

This image is no longer relevant

Green rectangles – trading range support-resistance

BTC did enter into consolidation mode between the price of $11.346 (resistance) and $10.311(support). Watch for potential breakout of resistance or support to confirm further direction. The upward breakout would confirm the potential test of $12.364. From other side, the potential break of the support would confirm test of $9.311. Mid trend is still bullish.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback