ADA is getting the first time test since 120 days of breaking out of the downtrend that lasted for 690 days, all eyes on ADA, a clear reversal on the daily chart:
Bitcoin correction scenario can follow the same last correction then bounce back to find new higher highs
What do you think about this Scenario for BTC correction ?
everything is clear unless bitcoin has another direction.
If we broke the red resistance area, most likely will see the 2017 bull run moves playing out
Keep watching!
if the yellow support line maintains and if we will see a reversal of the downtrend I think its officially a bullish pennant or either an ascending triangle if we see at the blue line as a resistance, in the two cases a bullish scenario!
an ascending tringle have just formed, this is a bullish pattern!
breakout of a long term downtrend
A clear reversal of the downtrend and a previous resistance become a support What do you think guys?
on one hour candles we entered to an Ascendants Chanel once we touch 9.1 k which a huge supply Area i think we will see the 9.1 k or less . any one have other ideas please comments
Bitcoin on one hour candles show a short position with 2.6 %
after few hours we gonna see a big bullish breaking the small triangle to the big One