blue box : demand zone
purple box: no mans land ( area of consolidation)
blue trend line : h4 trendline
yellow trend line :daily trendline
yellow line : daily support / resistance
red line : weekly support / resistance
so what are we all waiting for ? CRYPTO TO GO UP that'S what :D
so looking at the chart of bitcoin/usd i see some good signs that bitcoin will now regain its bullish momentum :
1- bitcoin reached a clear demand zone
2- BTC IS on a support area
3- engulfing candle meaning a price action trigger to buy BTC
GOOD LUCK crypto lovers:D
purple box: no mans land ( area of consolidation)
blue trend line : h4 trendline
yellow trend line :daily trendline
yellow line : daily support / resistance
red line : weekly support / resistance
so what are we all waiting for ? CRYPTO TO GO UP that'S what :D
so looking at the chart of bitcoin/usd i see some good signs that bitcoin will now regain its bullish momentum :
1- bitcoin reached a clear demand zone
2- BTC IS on a support area
3- engulfing candle meaning a price action trigger to buy BTC
GOOD LUCK crypto lovers:D