back to life( BTC analyze )
Think positively
Consider the black line as the largest and most reliable uptrend line in Bitcoin
And the red line as the most reliable downtrend line of Bitcoin
The blue range is the most important demand range. I expect the price to go up and down a bit in this range
In the worst case, after 22% decline, we hit the black line, and in the continuation of the movement, we can break the red trend line and enter the bull market (real failure).
We may even come a little lower than the black line (just a shadow), but if the candle closes below the black line...
Everything is clear, Bitcoin analysis is completely clear.
The black line must be touched at any price, close your short trades when the black line is touched. At the time of encounter, we can decide on the continuation of the process.
And what is your opinion?
Consider the black line as the largest and most reliable uptrend line in Bitcoin
And the red line as the most reliable downtrend line of Bitcoin
The blue range is the most important demand range. I expect the price to go up and down a bit in this range
In the worst case, after 22% decline, we hit the black line, and in the continuation of the movement, we can break the red trend line and enter the bull market (real failure).
We may even come a little lower than the black line (just a shadow), but if the candle closes below the black line...
Everything is clear, Bitcoin analysis is completely clear.
The black line must be touched at any price, close your short trades when the black line is touched. At the time of encounter, we can decide on the continuation of the process.
And what is your opinion?
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