BTC - Consolidating mode - What next ?

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Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The drop is currently in pause mode but we don't have any real reversal in action. We are just consolidating and I'm afraid that when we will touch the MMA13 (see green circle), the drop comes back to make new lows. Let's see what will give us the next hours but we have a major support line around 5800$ which could help us to hold a new drop if this one is not too powerfull.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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BTC - Consolidating mode - What next ? | Ecency