Hi everyone hope you are doing ok in these days.
We have btc/usd chart in daily timeframe and as you can see after the top in 31k the price is heading down.
The price is now struggling on 25k and it seems to be on a thin ice and will break eventually.
I tried to make it as simple as possible, from the lows of November and December 2012 we can see the uptrend trend line with a blue line and we can assume the first support in 24k and in case of breaking trend line the next targets are mapped with circles which are the previous price resistances, I am considering buying at this places and only with tight stop losses.
This is not a financial advice and is my personal plan, trade safe and stay strong.
We have btc/usd chart in daily timeframe and as you can see after the top in 31k the price is heading down.
The price is now struggling on 25k and it seems to be on a thin ice and will break eventually.
I tried to make it as simple as possible, from the lows of November and December 2012 we can see the uptrend trend line with a blue line and we can assume the first support in 24k and in case of breaking trend line the next targets are mapped with circles which are the previous price resistances, I am considering buying at this places and only with tight stop losses.
This is not a financial advice and is my personal plan, trade safe and stay strong.