khun
Long

Possible Bottom & Breakup >>> Reversalpoint?... (!!!)

KRAKEN:ETHXBT   ETHXBT
Looks like we have some a break out (although not 100% clear) on the 4h.

Moreover, the last dip makes up for a possible bottom since it met a) the lower end of bull channel and b) the lower end of linReg(50,200).

It is not a clear hit, what could mean it takes another shot at it, but the bottom might be in here already. Especially, in the light of Bert continuing to be weak as hell, this is a reasonable spot to long...

Happy Tarding!
Comment: Zoomed-out Daily added

Related Ideas

channel is 100% confirmed and should be played accordingly still long above .24 great chart
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I think whatever happens, we can all agree that a breakdown of the bull channel would not be that great (from a bullish perspective... The channel zoomed out on the daily.

snapshot
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