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Bitcoin May Consolidate Along Some Possible Trend Lines

BITMEX:XBTUSD.P   Bitcoin
Symbol: Bitcoin vs usd, XBTUSD, BTCUSD

Bitcoin has just got support at 10350-10600 zone. The following days, it may consolidate to decide the direction.
There are some Trend Lines, Red Lines for Resistance, Green Lines For Support.

Short Signals: when it is rejected by Red Trend line with Yellow or Red Signal in "9 Seasons Rainbow Indicator".

Long Signals: when it is supported by Green Trend line with Blue or Green Signal in "9 Seasons Rainbow Indicator".

Breakout Upward Signals: If the Red Trend Line is tested repeatedly and Lime appears in "9 Seasons Rainbow Indicator".

Breakdown Signals: If the Green Trend Line is tested repeatedly and Purple appears in "9 Seasons Rainbow Indicator".

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.


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