The silver chart located on the left shows how the price recovered from the dump caused by the Coronavirus. The Bitcoin chart on the right shows how the price is exiting the boundaries of the resistance it couldn't break for an entire year.
After silver went above the resistance level, it was sharply sent upwards, because everyone understood that a new silver uptrend had begun after the price fixated above $18,83.
Bitcoin price is fixating above an identical level of $10550. Take a moment to look at how the charts correlate, identical zones are highlighted in color.
1. Falling wedge in both cases
2. Correction of the downward movement on both charts
3. Dump caused by the COVID-19 is present
4. Growth after overly reduced prices in each cases
5. Accumulation in both cases
Next the price breaks out the resistance and skyrocketing.
Bitcoin has broken through, still didn’t fly upwards. Means soon the pump will appear.
After silver went above the resistance level, it was sharply sent upwards, because everyone understood that a new silver uptrend had begun after the price fixated above $18,83.
Bitcoin price is fixating above an identical level of $10550. Take a moment to look at how the charts correlate, identical zones are highlighted in color.
1. Falling wedge in both cases
2. Correction of the downward movement on both charts
3. Dump caused by the COVID-19 is present
4. Growth after overly reduced prices in each cases
5. Accumulation in both cases
Next the price breaks out the resistance and skyrocketing.
Bitcoin has broken through, still didn’t fly upwards. Means soon the pump will appear.
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Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
