BITCOIN is back to Bullish Channel, a rise to 8300 is expected within the next few days. Possible resistance level: 8300, 8600, 8800. Support level is lifted from 7500 zone to 7900 zone, as charting, the green zone, which may be retested after rejected by the upper resistance.
Symbol: BTCUSD,XBTUSD,BTCUSDT
Signals given by 9 Seasons Rainbow Multiple Time Frames Pattern Indicator Blue Signals on 15m - 6H have defined the support levels and predicted the bounces, which should work for next one as well. Blue -> Green: Bottom Signals Blue-->Purple: Break Down Signals Yellow -> Red in 15m, 30m: Top Signals
DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
Comment
Retested the Support Zone defined in the idea, the trend is clearer now:
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