On 4hr chart, consolidation doing it’s thing for the next move. Instead of a move gradual curve down consolidation like leg one, this possible leg 2 seem to be trying hard to push for the 4000 zone, if it break nice 4250 next resistance also the possible long ascending triangle. As mentioned in earlier post, feb tends to end bullish, with about a week plus to go, looks like it’s very likely to close feb bullish.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :132
Total marketcap :135
Dominance :51.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart
BITCOIN – 20 Feb
February 20, 2019
Published by timm
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