FX.co ★ BTC 06.21.2019 - Cosolidation

BTC has been trading sideways in past 2 days and it is doing consolidation at the moment. You should watch for potential breakout of the horizontal base to confirm further direction.

Green rectangles – trading range support-resistance

BTC did enter into consolidation mode between the price of $11.346 (resistance) and $10.311(support). Watch for potential breakout of resistance or support to confirm further direction. The upward breakout would confirm the potential test of $12.364. From other side, the potential break of the support would confirm test of $9.311. Mid trend is still bullish.