BTC/USDT ANALYSIS 19 JULY. BIG SUPPORT AND RESISTANCE. WHAT NEXT MOVE? UP OR DOWN!!

cryptomantra (28)in #bitcoin • 6 years ago

Outlook: Leaning bullish on smaller time frames

BTC has been in healthy consolidation mode since recent surge and is nearing a bull MACD cross on hourly chart

That plus the rising EMAs provide a bullish bias

Pennant resistance will be first test

Source - coindesk market

Coins Dumping Heavily
Reason is BTC Dominance

Just Few Hrs Back Dominance Was at 43.7%
Now currently Sitting at 44.3%

That's Hell Lot of Increase in One Day Guys ‼

I Personally Think We Will Probably Gonna Cross 8K Mark Within 2 Days Time 👀

Also, Tomorrow is 20th Jul, Court's Hearing Date in India
Expecting a Good News as Well

You Can pretty Much SHORT Every Single ALTS That are On BitMEX
As BTC Dominance is Rising, Coins Will Dump More

Don't SHORT BTC Though ‼

#BTC Supports in blue Resistance in Red. Major Resistance in Yellow. Long on breakout of LP zones.

Trade with carefully . Happy trading

6 years ago in #bitcoin by cryptomantra (28)

$0.00

STEEM 0.20

TRX 0.26

JST 0.039

BTC 100693.54

ETH 3647.21

USDT 1.00

SBD 3.13