What do you see on 15MIN Chart: Is the break-out coming soon?

What do you see on 15MIN Chart: Is the break-out coming soon?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD


Hi, Traders !

Monfex is here again! So, bright ideas and non-standard market view are granted !

This time we will take a look on 15Min chart in order to find out if the next impulse is close and in line with our expectations:

* The price continues to consolidate in 10,270 – 10,350 range indicating the Accumulation Phase that we were talking about in our yesterday’s Volumes Analysis.
* All attempts to break down the consolidation area do not pay off. You can see the tails of 15Min candles.
* It will take some time for this ranging fluctuations, which are also good for a scalping mode.

What do we do ?

* We simply hold our Longs and keep waiting for the next Big Move.
* If you are good at scalping, you can try your hand in a range trading.

GOOD LUCK AND LOTS OF PROFITS !!

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.