Bitcoin broke above key resistance at $3,800. It’s now eyeing a very strong resistance zone between $4,000 and $4,120 (Coinbase). Daily volume remains strong at $9.9 Billion. This is the highest we’ve seen since May of 2018.
EOS easily took out the $3.00 resistance and is now eyeing $4.00. It started creating higher highs, all backed by the highest daily volume we’ve seen since June of last year.
In today’s video analysis I discuss where prices may be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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That will depends, but... I'm carefully about this is a pattern that use to happen a bullish ride for almost 2 weeks and then a huge disaster
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The volume this time around is what makes it interesting. We haven't seen a spike in volume like that in nearly 9 months. We may see a drop in price, but clearly there's a ton of pent-up demand. People are looking for a good entry. This may or may not be it, but overall is a very positive sign for the market.
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Very nice!
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Thanks @hoppe
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