For bitcoin we can see that the daily moving average has been respected many times. As for as the ascending black trendline goes, sometimes corrections get bigger and go beyond trendlines. For this, I'm looking at the daily moving average as it holds more value.
Also, the correction we're in looks like an ABC parallel bull flag. Keeping a close eye on this!
See links below for more info and more charts.
Goodluck and trade safe!
Also, the correction we're in looks like an ABC parallel bull flag. Keeping a close eye on this!
See links below for more info and more charts.
Goodluck and trade safe!
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
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