BITCOIN LONG But pay Attention Trend is slowing
#Bitcoin #Ethereum #Litecoin #Renkotrade
Hello to all watching my charts
Bitcoin has made a move donewards now and made just a rebound from my
lower "Longtime" channel (BLUE LINES)
So see the situation more clearly, I have added for all here a my
so to say "Midtime channel" which is now FLAT (no longer Long)
And if you check the Shorttime Channel in my system
these is now saying : " SHORT"
(Purple Lines)
Now we have 3 possibilities in my eyes:
1. Bitcoin recovers more and more from the rebound
(than my purple channels will change to Flat first and even to Long)
Bitcoin stay in in these Blue Channel to higher prices = LONG
2. Bitcoin recovers only to trade sideways now out of the blue channel
and stay in the orange channel wich is FLAT = NO position
3. BItcoin stopps recovering and fall down ,out of the blue channel
to lower prices than we have a short status.
I have marked the 3 possibilties
with the 3 colors:
1., Long = Blue
2. Flat = Orange
3. Short = Purple
If you want to support my work and my charts please like them...
Good trades
Renkotrade
Hello to all watching my charts
Bitcoin has made a move donewards now and made just a rebound from my
lower "Longtime" channel (BLUE LINES)
So see the situation more clearly, I have added for all here a my
so to say "Midtime channel" which is now FLAT (no longer Long)
And if you check the Shorttime Channel in my system
these is now saying : " SHORT"
(Purple Lines)
Now we have 3 possibilities in my eyes:
1. Bitcoin recovers more and more from the rebound
(than my purple channels will change to Flat first and even to Long)
Bitcoin stay in in these Blue Channel to higher prices = LONG
2. Bitcoin recovers only to trade sideways now out of the blue channel
and stay in the orange channel wich is FLAT = NO position
3. BItcoin stopps recovering and fall down ,out of the blue channel
to lower prices than we have a short status.
I have marked the 3 possibilties
with the 3 colors:
1., Long = Blue
2. Flat = Orange
3. Short = Purple
If you want to support my work and my charts please like them...
Good trades
Renkotrade
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