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Trendline-break

EURGBP - Nice Long OpportunityThe chart on the right is showing the whole setup of this move with a retracement trendline that has now given way to the upside. - On the chart on the left, the lower time frame, we can see that price has broken this trendline, come back to retest it with a 61.8 retracement of the initial breakout thrust with long wicks indicating buyers were protecting the 0.84 key level. - The second trendline has now given way and this may be an excellent opportunity to get long.
Long
by MassCapital
Long term correction after halving?It seems that the price hit the optimal level to begin sell off. The buying back phase will start at 460 level, to form accumulation range between 480 and 510. In my opinion we will have lot of selling just before BTC halving and than, after it the price will bounce to the 680 area again. As usually, we will see the triangle forming. However I don't think that we will have next bull run. The price might even break resistance line for short time, to trap breakout buyers. The supply - demand ratio need to stabilize and this time, the bears will push price lower. That's why more probable scenario for me is breaking current trend line and support testing at 450 level.
BShort
by fosis