BCN Waiting break out for new cycle uptrend
hello everyone, I'm a newbie trader and I'm learning about analyze the chart.
Now, we are over uptrend line from 2017 and waiting for BCN breaks out downtrend line at May 2017 and then BCN will have a new uptrend cycle. from my opinion, The BCN will rally wave rather than a spike and The wave 3 will happen in a couple day after the breakout and bitcoin haven't double bottom.
-- Support --
minor support 28-29 Satoshi
Big Major support 20 Satoshi
-- Target Point --
TP1: 35 Satoshi
Tp4: 40 Satoshi
TP2: 50 Satoshi
Tp4: 70 Satoshi
tp5: 100 Satoshi
-- Stop loss --
stop loss: 18
Now, we are over uptrend line from 2017 and waiting for BCN breaks out downtrend line at May 2017 and then BCN will have a new uptrend cycle. from my opinion, The BCN will rally wave rather than a spike and The wave 3 will happen in a couple day after the breakout and bitcoin haven't double bottom.
-- Support --
minor support 28-29 Satoshi
Big Major support 20 Satoshi
-- Target Point --
TP1: 35 Satoshi
Tp4: 40 Satoshi
TP2: 50 Satoshi
Tp4: 70 Satoshi
tp5: 100 Satoshi
-- Stop loss --
stop loss: 18
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