BTCUSD
OREOL
With the much awaited news, price is still consolidating inside the bullish flag pattern.
NEWS: SAMSUMG PHONE NEWS
Samsung's DJ Koh is now on stage where he will launch the rest of the new phones: the Galaxy S10, S10 and S10e.
Samsung to announce the built in hard ware of BTC SAMSUNG GALAXY S10. This might have a positive impact in BTCUSD PRICE.
TA:
As mentioned earlier, the price is currently consolidating inside a pennant flag pattern. Volume has reduced greatly, signalling a potential breakout. This pennant is a continuation pattern formed when there is a large price move up and more consolidation of price. Like we always point out here ALWAYS WAIT FOR BREAKOUT BEFORE TAKING ANY TRADES.
VERDICT :
BUY: $4060
SELL:$4171 up to $4278
STOP LOSS:$3989
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial