RSR plan.
The bottom green trend line has been a strong support so I assume it may follow this - this would be perfect to break out on the two upper red circles to then lead to new highs.
Depending on how Bitcoin behaves we may see it follow the black trend line down into the lower reversal area to the break upwards, anything below that .. nope.
I had entered on the last pullback to the last green support line as it lined up perfectly with a head and shoulder formation and bounced off trend line.
Might not work, who knows.
Depending on how Bitcoin behaves we may see it follow the black trend line down into the lower reversal area to the break upwards, anything below that .. nope.
I had entered on the last pullback to the last green support line as it lined up perfectly with a head and shoulder formation and bounced off trend line.
Might not work, who knows.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.