Hi!
I think this moment of indecision of
BTCUSD
will be resolved the next week, BULLISH(finally) or BEARISH(not again please)??! Well if the RED trendline is confirmed (and the blue/yellow trendline is broken) we might see a bullish rally starting! ..... buuuut if the price are rejected by the blue/yellow line we will se almost certainly a new test at 9300$.
What we will need is a breakout of the blue line with high volumes (witch this mounth have low).. if the volumes do not follow the breakout we might see only a fake breakout.
Bye guys let me know what you think of this very very simple analysis .... good trading to you all
I think this moment of indecision of
BTCUSD
will be resolved the next week, BULLISH(finally) or BEARISH(not again please)??! Well if the RED trendline is confirmed (and the blue/yellow trendline is broken) we might see a bullish rally starting! ..... buuuut if the price are rejected by the blue/yellow line we will se almost certainly a new test at 9300$. What we will need is a breakout of the blue line with high volumes (witch this mounth have low).. if the volumes do not follow the breakout we might see only a fake breakout.
Bye guys let me know what you think of this very very simple analysis .... good trading to you all