Happy Holidays all! I apologize for the lack of updates. We’re currently in the process of moving across country. This has been extremely time consuming. Between that and the holidays, I’ve not had the chance to post TA as much as usual. I hope to be back to normal near the end of January. Now on with the analysis…

Bitcoin has decisively broken back above the $3,800 resistance. While this is a welcome rise for bulls, overall volume reminds relatively low. It’s currently consolidating, trading around $3,850 on Coinbase.

In today’s video analysis I discuss, where price my go from here, traps to avoid, potential trade setups and so much more. I hope you find it helpful.

Video Analysis:

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

Disclaimer: I am NOT a financial advisor and this is NOT financial advice. Please always do your own research before investing. 

Subscribe to Workin’s channel here:
https://www.youtube.com/channel/UCJqGczdWE99ORopJ5ZUDauA

Have you checked out Trybe.one yet?

Subscribe to Trybe TV here https://www.youtube.com/channel/UC2ceaswIsdTicbGBHpxEIDQ

We are looking for established and up and coming YouTubers to contribute to our channel. Submit your articles here https://trybe.social/contact-us/ for consideration.

Drop by our telegram here https://t.me/trybe_one

19 votes, average: 5.00 out of 519 votes, average: 5.00 out of 519 votes, average: 5.00 out of 519 votes, average: 5.00 out of 519 votes, average: 5.00 out of 5 (19 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
(3161 total tokens earned)
Loading...

Responses

    1. Workin2005 Post author

      You may be right about the market moving after the new year…but I’d be surprised to see any serious bullish momentum without a catalyst of some kind. Until then, it may just limp along with a brief surge here and there. Regarding a H&S pattern…I’m not seeing it, but the overall weekly chart is looking fairly bearish at the moment.
      Wishing you and yours a Happy New Year @conceptskip!

      (0)
  1. VG

    Good luck on your move @workin. In some of your older videos you would show the buy volume on the right hand margin. How did you pull that info? Maybe you could do a video sometime on how to use/setup your window. Either way thanks for the great info!

    (0)
  2. Cloud blade

    It seems that it should be a consolidation.
    In 2019, there should be no rise in everyone’s say.
    But it will be flat,
    Because everyone is watching the situation in several major ,international countries.

    (0)