Up and down trend

27 thg 3, 2021

We are still inside a large downtrend channel mark with the white lines, but since yesterday we are in a small uptrend channel ( yellow ) heading up and reached back to one of the support, today we might be bouncing inside the small up trend channel and can expect a lot of ups and down while moving through it. And also when we move to close to the upper channel or even out of it, you can expect some drops when that happen. But when we break through the bottom of the up trend we can expect going down, but also when we hit the top of the white downtrend there is also a big change of going down. So make sure to move your stop loss hourly .

27 thg 3, 2021

Ghi chú

Red Line possible first big resistance that could cause another bounce down, if not we be heading to the white line the top of the big downtrend channel.

27 thg 3, 2021

Ghi chú

It broke through the bottom of the up channel and make a new down channel

27 thg 3, 2021

Ghi chú

BTC did a parabolic curve while moving out of the uptrend bottom, and looks like it setting up for upwards break out