After a downward trend line we had a trading range. In 4h timeframe the resistance line is broken by the price, if have a price stabilization in 20$ doors are open for upper targets ✅
It has a good potential to be bullish. Time to buy altcoins, of course, by observing risk and money management ✅
It’s in a trading range, after breaking the resistance line doors are open for 50% profit in your account ✅
It’s in a trading range. If the support line isn’t broken by the price and trend line breaks, doors are open for bullish targets. ✅
It’s in a bullish trend, but if the price breaks its support line, bearish targets are achievable ‼️
If the price breaks the downward trend, i can excpect a bullish run and open the door for higher price ✅
If the price breaks the downward trend and its ahead resistant line, i can expect a bullish trend ✅
If 45000$ zone breaks, other support zones are achievable ‼️
Bitcoin has broken out the trend line. Your opinion?
bitcoin is taking support at the daily 50 EMA (Exponential Moving Average) (the blue line), if bitcoin close above the EMA50, market could be bullish but if close below the EMA50 market would be bearish.