Just more ideas:
If we this channel I will definitely increase my position.
We also broke EMA 55 on the 4hr chart like a breeze and hope that could act as a support
Also 4980 is a resistance to watch from September 2018 (blue line near actual price), that time it went really hard,
In other words, if you are looking for confirmation wait to the channel to break and act as a support to avoid a bull trap, as BTC could start to move at anytime and mess with this setup.
Regards everyone!
If we this channel I will definitely increase my position.
We also broke EMA 55 on the 4hr chart like a breeze and hope that could act as a support
Also 4980 is a resistance to watch from September 2018 (blue line near actual price), that time it went really hard,
In other words, if you are looking for confirmation wait to the channel to break and act as a support to avoid a bull trap, as BTC could start to move at anytime and mess with this setup.
Regards everyone!
This is the related Idea, there will be a follow up.