WE WERE AT THE SUPPORT LINE. WE WERE RIGHT AT THE SUPORT LINE AND BULLS PUSHED THE PRICE UP. This very good for bulls. However, in order to find out if we have a good future for bitcoin + we need to see the price of bitcoin goes above the resistance line of 7194$
PAY ATTENTION TO THE RSI HISTORY IN RED. Every time we had overbought conditions we went down. Sentiment seems positive, but still be carful. IF the price of BNB definetly goes above the 2nd resistance line, there is definetly something bullish going on.
YOU SHOULD GO ON THE HOURLY CHART AND IF YOU START SEEING A LOT OF GREEN CANDELSTICKS APPEARING, THEN IT IS A VERY GOOD SIGN FOR THE BULLS BECAUSE THIS MEANS THE PRICE OF ETHEREUM PROBABLY WON'T GO BELOW THE 355$ ( YELLOW SUPPORT LINE ). HOWEVER, IF ON THE HOURLY CHART YOU SEE A LOT OF RED CANDLESTICKS APPEARING, THEN THERE IS QUITE A CHANCE THE PRICE OF ETHEREUM...
Guys Volume is LOW We are right at the big support line. THIS IS IT. We will have a confirmation soon telling us if we can go long or the other way. CCI's line is climbing up which is a a sign, however the volume is very low, so maybe little by little, we will see changes. This is a 4h chart so the impact is high. IF YOU SEE the price of bitcoin goes below that...
As you can see i drew a little white triangle. We have a major problem right now. We are about to be informed on the future of bitcoin any day now. If the price of bitcoin falls lower then white lower line of the triangle, the price will most likely keep going down. However, if it breaks through the top line and goes higher, then we could still expect some good...
good luck and don't forget to always do your own due diligence.