BITCOIN. Return from the ashes!!!

in bitcoin •  7 years ago 

To assess the significance of this movement, consider the daily chart on which we determine the main trend. We see that the price is close to exceeding the boundaries of an important downward channel. For trend strategies, its breakdown will signal in favor of further growth. The volume of trading on the purchase yesterday was the highest since the beginning of February, when there was an epic market turn of 6000.

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Summarizing: in my opinion, daytime closure outside the canal lines can serve as a basis for the market to move into a growing phase. It can happen today, and this is a strategic view. Tactically new points for entering Long are worth looking for on a smaller scale, using price rollbacks.

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