Looking for break and successful retest of resistance

10. Jan. 2021

Enter trade on break and successful retest of resistance line

If trend line (pink) is broken. We re-test support.

If support is broken. We go lower

11. Jan. 2021

Anmerkung

Looks like the Trend Line (pink) was broken and we tested and held the support line as suggested in point 2. Will watch this to see if we form a new up trend within the support and resistance channel and will update the idea or post new idea once confirmed. BTC is commanding the ALT market at the moment. We are not in ALT season yet but it is probably coming.

14. Jan. 2021

Anmerkung

Nicely heading for Target 1

15. Jan. 2021

Anmerkung

Targets 1, 2 , and 3 are still valid if we can get above resistance again. COMP currently following Bitcoins minor pullback from 40k