giovanni567

BITCOIN - The next 6 to 9 hours will be decisive

BITSTAMP:BTCEUR   比特幣/歐元
553瀏覽
6
553 0
Symetrical triangle in formation between the top of the downtrend channel and the bullish trendline formed since the bottom at 4700€.

The next few hours will give us the long-awaited answer :

- BREAKDOWN BELOW THE BULLISH TRENDLINE : We are still in the bearish channel (in this case, prepare your short in direction of our first target, the intermediate line of the downtrend channel situated between 6000 to 5700€, depending of when we'll get there)

or

- BREAKOUT FROM THE TOP OF THE DOWNTREND CHANNEL : This is the start of a new uptrend channel . Which mean we just entered in a new bullish cycle for bitcoin and crypto in general. Then you know what to do fellows!

Let's see
評論: I'm french so please do not pay attention to the spelling errors :)

and of course i'm not a pro, just a fellow expressing an idea.

Good luck trading!
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