CryptoMarketFlow: Bitcoin: Is it calm before perfect storm ?/ 2019-09-05

in #steemleo5 years ago

Hi Team,

still consolidating between 10000 and 11000 where 10800/11000 supply is based on horizontal level as well as it is rop of the channel.

In regards to the downward channel we can imagine that as potential bull flag....

As mentioned yesterday bulls should focus on upside break above 11k, we cant defend 10k forever...

PS. We were talking about possible correlation between BTC/USD and USDCHN... so here is bad news for BTC bulls : USDCHN ( thx to China news that with US they are going back to table in October ) is falling back below 7.14 ....aggrrrhhh

Dont be Trap
Good Luck !

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