Good morning,
As seeing lots of 'news' coming by about the possibilities of bitcoin , I thought, let's drop mine. If we change from bars to line where we have in indication of the spot prices and we look deeply into the graph, we see a bull-flag forming. The old resistance line became the new support line. If it can hold above this line with the help of the daily Ichimoku cloud , we could follow the yellow arrow. Stochastic-RSI will move up as well. If we break through the red support-line, we will get a new scenario following a real retracement like the one in my old post, with some adjustments to be made. So fingers crossed.
Agree with your view. It came out of a bearish gartley, double bottom and now trending up

Your graph explains the situation better I think
+2 回覆
ravingcrypto SteveEnnom
Hi @SteveEnnom, agreed! thx
ravingcrypto SteveEnnom
@SteveEnnom, This was my graph/TA from a couple of days ago.
We share the same thoughts.

At this moment in time bitcoins is just above the red support-line....
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