Bitcoin Bears Land A Punch…Bulls Try to Shake It Off

Yesterday we discussed major resistance at $12,950. Bitcoin needed to decisively penetrate this zone in order to continue its bullish momentum. Bears were having none of it as price was rejected, falling as low as $11,550 before finding support.

Screen Shot 2019-07-10 at 5.11.42 PM.png

The daily chart shows the bulls are putting up a fight, defending the 8 day EMA.

Screen Shot 2019-07-10 at 5.12.26 PM.png

In today’s video we discuss where price may go from here, traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

If you found this post informative, please:

upvote.gif

Get paid for viewing ads and Support the Crypto Ecosystem with Brave Browser. Free download here:
https://brave.com/wor485

YouTube: https://www.youtube.com/c/workin2005
Twitter: https://twitter.com/workin2005
Facebook: https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!

Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet