IS BITCOIN GOING UP OR DOWN? LET US FIND OUT!
Hello traders, We have a very interesting setup here!
-Looking at the BTCUSD chart, we have different scenarios that can take place, and these scenarios are being guided by our trendlines, as we can see in the chart
-We have basically, 2 important channels in this chart; and these channels are going to guide us also
-The trendlines are acting as important supports and resistances, that is if price breaks each of these trendlines we’ll have to expect a different view of the market
-Considering where the market is now, if price breaks the lower green trendline, we can expect it to move towards the yellow one and vice versa
-So we’ll just have to watch it closely from now on.
-Price will definitely go up or go down, so either way we’re going to be expecting it, with our trendlines guiding us!
-Looking at the BTCUSD chart, we have different scenarios that can take place, and these scenarios are being guided by our trendlines, as we can see in the chart
-We have basically, 2 important channels in this chart; and these channels are going to guide us also
-The trendlines are acting as important supports and resistances, that is if price breaks each of these trendlines we’ll have to expect a different view of the market
-Considering where the market is now, if price breaks the lower green trendline, we can expect it to move towards the yellow one and vice versa
-So we’ll just have to watch it closely from now on.
-Price will definitely go up or go down, so either way we’re going to be expecting it, with our trendlines guiding us!
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