Bitcoin|Falling Channel..!!

BTC/USD (Update)

- And Finally BTC Did An Amazing Job After 29 Days Accumulation..(In Just 2 Candles , Bitcoin Has Changed the Market Sentiments From Bear to Bullish)

- In DAILY Chart, BTC is Holding the EMA100 line After Falling Channel Higher Resistance Rejection..(10200)

- Now If BTCUSD hold the Daily EMA200 Support (8600) Then I'm Expecting Falling Channel Breakout in November 2019..(EMA100 is Also Looks Solid Support For Now)

- If BTCUSD Failed to Hold 8600 Support then BTC Might Test Again 7200-7400 Region..(If Hold this Region/Support Then Possibility of Double Bottom as well)

- In Both Scenarios i'm Bullish on BTC..(It'll Break the Falling Channel in November)

Bitcoin Weekly Chart

Today is the Weekly Candle Closing As Well so We Should Wait For Closing (For More Confirmations)


Now Let's Take a Look at BITCOIN Dominance..!!

BTC Dom Has Also Broke out in DAILY Chart (4-5 Days ago, I've Mentioned it in My Telegram Channel)

That's Not a Good Sign for ALTS/BTC But Good For BTCUSD Health..!!



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The information given is never financial advice. Always do your own research.