A good time to invest.
after an almost endless bearish phase, we can see a bullish trend change. (which in any case will be bound to the Bitcoin side band output, next chart that I will post)
- The minimum of 80 usd seems to have been archived (+)
- Important supports: green band (+)
- Breaking ascending triangle currently in pullback (+)
- Breaking downward channel up (+)
- Price above the 50, 100 (+) moving averages
- Support on RSI that outlines the strength of the trend (+)
How far can it go?
- 1 Step = 163usd (moving average 200, Blue line) = + 14.8%
- 2 Step = between $ 200 (+ 41.78%) and $ 220 (57% on the red resistance)
after an almost endless bearish phase, we can see a bullish trend change. (which in any case will be bound to the Bitcoin side band output, next chart that I will post)
- The minimum of 80 usd seems to have been archived (+)
- Important supports: green band (+)
- Breaking ascending triangle currently in pullback (+)
- Breaking downward channel up (+)
- Price above the 50, 100 (+) moving averages
- Support on RSI that outlines the strength of the trend (+)
How far can it go?
- 1 Step = 163usd (moving average 200, Blue line) = + 14.8%
- 2 Step = between $ 200 (+ 41.78%) and $ 220 (57% on the red resistance)