trader77974

Will BTC/USD bounce on a 1-day trendline to get uptrend again ?

BITFINEX:BTCUSD   Bitcoin
I think that there is a probability for BTC/USD to bounce on a 1-day timeframe trendline to go uptrend again and cross the 1-day kumo around the 10th of February 2018. Let's wait and see if this bounce occurs, and if BTC/USD does not bounce and gets under this trendline then that would mean that a strong downtrend will occur.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.