BTC - Support line tested and bounce
Hello all,
Here is the chart of yesterday :
Here is the current chart :
Till now, the support line is playing its job and we had a bounce exactly on it. It would be nice that we start a little up now to go upper than the previous high. It would confirm the end of the correction phase and we could see some nice up in the comings days. The confirmation of the Up trending will be when we will break of the resistance line in violet.
I wish you massive profits,
Cryptopassion.io
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Let's see if support can hold.
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what do you mean when you say "it will confirm the end of the correction phase." ??
The full correction? or on a small trend?
I love your work! great job!
We are on a 4 hours based chart so yeah we are talking here on a small trend of some days or 2-3 weeks. If we want analyse at the long trend, day chart or even weekly chart is much more better. Take care.
With several alts already headed up, and BTC having broken out of its triangle, up is merely a matter of time now.