Description
⋅ Hellot to all watching my charts
Over the weekend only crypto markets run in time
and so we have a today look in Bitcoin here.
Nothing really news to mention
Bitcoin in the longer view stays still in a downmodus
shown in my blue downtrend channel , but in the shorter
timevew (channel in Purple ) we do see still a long losition
AND we still have lower lows and lower highs here !
What is indication of a trend up.
So if Bitcoin manages to
Stay in the purple channel and work out of my Blue down channel
today of tomorrow, best to the aerea i marked
with BLUE ARROWS , we should see higher prices.
Stays to make higher highs and hgher lows
than higher prices should occur,
BUT if Bitcoin rebound from the upper BLUE Line
and stays in the Shortchannel BLUE we should see lower prices.
If it falls out of the PURPLE trend down to the RED
ARROW also the long chance will be gone for now at once
Good trades
If you want to support my work and my charts please like them
Renkotrade