Let's look at the short term.
A point: 6506.5 ~ 7868.5, middle point: 7193.0
B point: 6410.0 ~ 7697.0, Middle point: 7060.0
Connecting point A and point B creates a downward trend line.
It should be checked whether it is possible to break above the upward trend line by January 1, 2020.
-----------------------
I think it's foolish to do analysis when the coin market is stagnant.
There is only one thing I want to say.
In a stagnant period, you have to get away from the charts and the news and take your freedom.
Because if the coin market is active, there is no rest.
The only thing to look at during the congestion is where the coin's support point I'm currently seeing belongs.
This is because the position of the support point can determine whether to buy or network.
Where is the support point for BTC...
The most important point in the chart you are viewing is at 6543.
The next important point is the upward trend line and 7757.
A point: 6506.5 ~ 7868.5, middle point: 7193.0
B point: 6410.0 ~ 7697.0, Middle point: 7060.0
Connecting point A and point B creates a downward trend line.
It should be checked whether it is possible to break above the upward trend line by January 1, 2020.
-----------------------
I think it's foolish to do analysis when the coin market is stagnant.
There is only one thing I want to say.
In a stagnant period, you have to get away from the charts and the news and take your freedom.
Because if the coin market is active, there is no rest.
The only thing to look at during the congestion is where the coin's support point I'm currently seeing belongs.
This is because the position of the support point can determine whether to buy or network.
Where is the support point for BTC...
The most important point in the chart you are viewing is at 6543.
The next important point is the upward trend line and 7757.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
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