This is just some simple analysis for BTC through mid-April. Take a look at the respect bears played to the major trend line in white. If I were a betting man...(I am)...I would say we have found our bottom(6k) from recent all-time high(20k) and now were are either looking to retest the major trend from July 2017 (around 7k) or preparing to start a new market...
Greetings Everyone,
Everything on this chart is heavily dependent on BTC -0.25% fluctuations.
ADA/BTC looks like it might be coming out of accumulation. Although major downtrend has not been broken, we may see a little green in between. Trade at your own risk. This should only be a buy on breakout confirmation in my opinion. Happy trading!
Greetings Everyone,
Tread lightly in the markets as BTC is still in a very pivotal area. It's very possible we see another retracement down to the major trend line (Around 8650 - Binance). If the trend breaks, (whales rely heavily on them) I think we will blow through our white support lines and may catch a fib around 8250 or 7250. If you are bullish on BTC -...
