BTC-USD -Good news, brothers and sisters!Bulls to come back soon
As I wrote yesterday we have a very good signal for Bitcoin .We went out of the area of the bears. This is one great news for Bitcoin and we need to stay above it to seal the broken downtrend. On the graphics 1 hour we see there are several attempts to return in the area of bears, but the red line proves to be a strong resistance. This is our support area, if we remain above this line, and we can move on to a new phase in this market cycle.
What next ?
If the price is kept above the red line and the 4 our graphics it is possible to test the black line. It is important to note that we need a correction.
However, this correction will be a little late, it will be the moment when "smart money" come.
It takes a little patience.
I will update the analysis.
I expect your opinions and comments <3
What next ?
If the price is kept above the red line and the 4 our graphics it is possible to test the black line. It is important to note that we need a correction.
However, this correction will be a little late, it will be the moment when "smart money" come.
It takes a little patience.
I will update the analysis.
I expect your opinions and comments <3
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