Bitcoin's Faʻasaʻoga Aumaia Fou Avanoa!

Au'aunaga mo kopi fefa'ataua'iga. Ole matou Algo e otometi lava ona tatala ma tapunia fefaʻatauaiga.

O le L2T Algo o lo'o tu'uina atu fa'ailoga sili ona aoga ma fa'aletonu la'ititi.

24/7 cryptocurrency fefaʻatauaʻiga. A o e momoe, matou te fefaatauai.

10 minute seti faʻatasi ai ma faʻamanuiaga tele. O loʻo tuʻuina atu le tusi lesona ma le faʻatau.

79% Fa'amanuiaina fua faatatau. O a matou taunuuga o le a faʻafiafiaina oe.

E oʻo atu i le 70 fefaʻatauaʻiga i le masina. E silia ma le 5 paipa o lo'o avanoa.

E amata totogi masina ile £58.

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TULAFONO

Bitcoin changed little during the weekend and after the last aggressive sell-off. It’s traded at 49,740 being located under broken downside obstacles.

The bias is bearish in the short term after escaping from a major Rising Wedge reversal pattern. Still, the current corrective phase could end soon after the rate reaches strong support levels.

The retreat could help the buyers to catch a new upside momentum.

The current decline is natural after Bitcoin’s breakdown from the Rising Wedge pattern. The rate has retested the broken uptrend line and the weekly pivot 57,568 confirming the correction.

Now is traded right below the weekly S1 (50,229.84) which represented strong support. BTC/USD could resume its decline as long as it stays under S1 and below the immediate downtrend line.

51,541 level represents strong resistance. Breaking and stabilizing below this obstacle indicates that BTC/USD could move down towards 43,021 static support.

A strong reversal pattern around the support levels could bring a buying opportunity. The outlook remains bullish in the long term, so we should look for long signals when the correction ends.

Join our VIP telegram group IINEI if you want to receive new buying opportunities, signals, on Bitcoin!

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