As per my precious thought on #Bitcoin weekly chart, we have seen how strong was the combination of MA200 and Kijun Sen dominance support and from there it shoot the price high to the current 31000$ Fasten your seatbelts and stay ready for 42000$ next station. Keep your beliefs on people’s money #Bitcoin Sultan. Best of luck to all the supporters.
As you can see on the weekly chart price has reached to one of the critical support area. The trend-line from down side along with touching Kijun Sen and 200 MA all at once, indicate an strong buy signal. The reason it went down all the way to this strong support zone was US government selling off 10K #Bitcoin last session yesterday which changed the normal supply...
downturn trendline broken and ready to ascending
Touching the up side of a downtrend channel!!! bearisher!!
One hour chart already created a upturn channel and price has hit the channel bottom as well as short term support area.
PULL BACK TO THE TREND LINE ALREADY DONE AND TIME FOR GOING SHORT
Price touched the cloud and trend line in weekly, I go short!!