crypcento

BTC has tested 30 DMA support. Now what?

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

Hello, there, Crypto community! Thanks for reading my analysis.
As told yesterday about 30 DMA support line, it seems the support test is over, and BTC is attempting to moving forward to a transition.

We are now in the consolidation period in the bollinger band, but I think soon we'll see another upward transition to test previous highs.

Bitcoin rally is not over yet, and I hope you guys get into a favorable position to enjoy profits.

I'll keep monitoring how the resistance lines react before we can say transition is here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.