May 14, 2020

BTC review 4H

Sellers no matter how hard they try, but they can’t reverse the trend. The price is moving up.. A few hours ago we saw the strait, but now purchases are continuing, which absorb all sales.

There will certainly be a correction, but most likely the drop will stop at ~ 9500 and from there you can already look closely at the opening of the position.

The movement to the border of the triangle at 8800 will only happen when it consolidates below 9200, but even then it will be another correction of growth, after which the price will move up again.

The first scenario is the main, the second additional, with the closure of larger candles there will be a more complete understanding.

BTC 4h 14.05.20