BTC/USD - 21 EMA Line Approaching - Whats next?

١٩ أغسطس ٢٠١٨

Hi guys, as I expected and predicted in my previous analysis, BTC tested 5800-5900 levels and bounced nicely back up. There are many saying that it will break that and go further down. I generally like to go against the mainstream news and speculation. I believe BTC is waiting to suddenly shock the majority and make an upward move. It depends if we can close for two days above the 21 EMA which is getting nearer and nearer. Another triangle has now formed and we should now test the 6800 levels to go further up. Keep a close eye on the charts and expect some movement by latest end of the month. This wont be a quick fix, but we are most certainly on the right track. Remember, DYOR!