Bitbean Cycle Breakouts BITB/BTC

in trading •  8 years ago 

In the altcoin space this is a very common pattern. We see the meteoric fast breakouts followed by time-consuming, boring and expensive consolidation periods which are mainly composed by a retracement and a range. Buying and holding by the green box for the next upward leg.
bitbean.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I think we are knocking on the door. Need to break that 130sat wall