Bitcoin- The long forgotten Bulls are back in control (Part 1)
On the 4 Hour Chart the Price broke the Symmetrical Triangle and closed above the Daily trend line which is also a Symmetrical Triangle on the Daily Time Frame. Now the price may retest the new found support and continue the Rally or it may takeoff to find a new resistance and also might break the previous high of 19891 which was created on 17th December, 2017.
Note: I've never traded on Cryptocurrencies before as it is found to be one of the most volatile instrument on this planet. At one moment you could be a Millionaire and on the other you could be a Nillionaire.
All my views on this piar are just technical analysis, no fundamental or sentimental analysis are taken into consideration.
Happy Trading and Happy Weekend... ;)
Note: I've never traded on Cryptocurrencies before as it is found to be one of the most volatile instrument on this planet. At one moment you could be a Millionaire and on the other you could be a Nillionaire.
All my views on this piar are just technical analysis, no fundamental or sentimental analysis are taken into consideration.
Happy Trading and Happy Weekend... ;)
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