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Yesterdays pump!

faith-zakia

Published: 16 Oct 2018 › Updated: 16 Oct 2018Yesterdays pump!

Yesterdays pump!

Update curtiousy of BWC crypto trading signals

Important Bitcoin update:

Screenshot_20181016-204914_Samsung Internet.jpg

Well, yesterday we saw a huge pump in the bitcoin price and that happened because of the FUD about the USDT delisting from the Binance, but after a few hours Finance CEO came up with a tweet saying this is just a FUD and there is nothing real in the FUD. Bitcoin reaching high 7600 and then dropping like a knife back to 6700 today. This shows that how easily crypto markets are being manipulated, even a small volume can pump the Bitcoin!

Well, there are two possible scenarios, as there were the heavy resistance levels around 6800-7000 previously which were broken yesterday but again it it's under the resistance level and it is becoming strong as the time passing and the candles (1-4h) are closing below these levels!

We might see a drop again as it seems yesterday's FUD pump is losing its power and the rally slowing down already!

If we go down this time then we will see 5800-6000 levels again.

Trade safe team!

Use stop loss in all your trades before its too late! Nothing to worry atm but always have your mindset.

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