BITCOIN IS READY TO RETEST THE UPPER BORDER OF ASCENDING CHANNEL

Aktualisiert
BITCOIN(BITMEX:XBTUSD, COINBASE:BTCUSD,BITFINEX:BTCUSD)
is completing the retrace and is ready to retest the upper border of the ascending channel, 4150 in Bitmex.
Reasons:
  • All the ribbons turned Green (Bull context) after yesterday's pullback.
  • MACD-1H in Bull Zone
  • RSI-30m has higher bottom
  • Compared to Mar 18, similar scenario may repeat


Since it is on the 30% upper part of the channel, I will use a small amount, to Long some altcoin, maybe EOS.

Do you think this time, BITCOIN will break the upper border of the Channel and succeed to stay over the Channel?
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
Anmerkung
Snapshot
Anmerkung
EOS is leading now.
Snapshot
Anmerkung
Snapshot
Anmerkung
Is it "Manipulated"? I have no idea.
Snapshot
Ascending ChannelBitcoin (Cryptocurrency)BTCUSDCryptocurrencyMultiple Time Frame AnalysisParallel ChannelTrend LinesXBTUSD

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A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.

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