ANOTHER BTC PUMP - what is this

in mgsc •  6 years ago 

btc4.jpg

ANOTHER BTC PUMP

As we have written before, we broke the resistance at the upper edge of the formed pattern. If the market manages to break through the resistance at 6800$ and fix above, then we will have the opportunity to test 7000$. If we wouldn't overcome the resistance, there is a high probability of decreasing (in the form of correction), where the asset will begin to form the next stronger impulse.

There is one crucial thing: we don't know the reason for the pump so we can consider it as a manipulation. To make any conclusions, we need to wait for some more candles. Advise staying without any position at the moment.

What about altcoins - they look pretty nice. All coins are green.

Attention Please - keep your eye's on BNB, because nowadays every time BTC & BNB performing inversely proportion, Altho I know BNB have coin burn in this month but if BTC will sit on the bull then BNB have to sit on the bear. so, be careful with BNB for now.

what do you think, will BTC will cross $7000 this time or not & also let me know - is I'm right on BTC VS BNB relation.

I will update this chart as new info comes up for my followers.

The information provided by @arjunsingh is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.

#mgsc @mgsc

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Very good

thanks @alamgir brother I'll try my best