Bitcoin shaved the 50K mark // Two active PGs and waiting for a breakout

in LeoFinance4 months ago (edited)

Bitcoin shaved the 50K mark and we have two aktive PGs

Screenshot_20210217_113603.jpg

In the last days we accumulate more Dollars to break the important 50K resistance zone. In general now we have built a bearish flag. The Bulls have to spread more love in the market to distroy the bearish signal.

Screenshot_20210217_113858.jpg

Two PGs can handle this problem

If we can see a breakout including a positive closing price, then i could expect much higher prices. Therfore we need to break the red trendline on the top but it's looking good for now.

If we get new signals or a conclusion in the existing PGs, then i will put it in the comments.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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@break-out-trader good analysis from you sir...any further breakout in price will lead the Bitcoin price to the 60000$ mark which is a good news for every crypto investor....

60K sounds like a good round number 😉