Hi guys!
As we see now on this 1 D chart o Coinbase (at the moment more reliable price), the long-term downtrend line is hanging directly uppon BTC's price now.
Fundamentally we are already in a bull run, if we just consider all the great bullish news, like Bakkt and now also Fidelity! OTC market is booming!
I hope volume will kick in and we would break this trend line and start the new and steady bull run of 2018 - 2019.
This is a critical point to watch now. Watch the 6450 - 6550 areas! Also, watch the volume at the breakout! RSI seems to be cooled down. I expect a big move within the next 24 - 48 hours.
Happy trading!
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see now on this 1 D chart o Coinbase (at the moment more reliable price), the long-term downtrend line is hanging directly uppon BTC's price now.
Fundamentally we are already in a bull run, if we just consider all the great bullish news, like Bakkt and now also Fidelity! OTC market is booming!
I hope volume will kick in and we would break this trend line and start the new and steady bull run of 2018 - 2019.
This is a critical point to watch now. Watch the 6450 - 6550 areas! Also, watch the volume at the breakout! RSI seems to be cooled down. I expect a big move within the next 24 - 48 hours.
Happy trading!
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.