Hey guys ,
Bitcoin is currently in a bull channel, as you can see we have two resistance lines in front of us. One is actually on 9900 and the second the bigger and stronger one is at 11700.
As you can see we will probably swing our way up to 11k now. On the way there we will have some higher highs and some lower swings for a entry.
Bitcoin is currently in a bull channel, as you can see we have two resistance lines in front of us. One is actually on 9900 and the second the bigger and stronger one is at 11700.
As you can see we will probably swing our way up to 11k now. On the way there we will have some higher highs and some lower swings for a entry.
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As you can see on a Renko chart with a 200 point brick we are starting to build the next green brick so we have a good entry on the next chart u can see that we are also above a 13 MA wich is a good indicator to buy aswell
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if we add some MA waves we can also see a clear bull trend on all levels from MA (5) up to MA (400 )
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Little Update, we see some little move outside our trend channel, wich isnt that scarry, we see the same on eth and ripple etc... and its moving back inside the pattern on other currencies aswell. So i will keep you guys up to date
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We are still aiming for out target around 11k , i adjusted the channel a little bit but we are still in the bull trend. So HODL ;)
Here is the updated channel
have a good weekend
Here is the updated channel
have a good weekend