BTCUSD (12h): First idea of a trend line (new chart series)

At the moment we all have only a few facts on which we could base our longer-term TAs. I have therefore tried to draw a possible trend channel roughly and I have tried to derive a trend line. From my point of view, two trend lines are currently quite plausible. If the bulls loses its power and the bears take over, the whole chart is not correct. But according to my TA we are still in a bull market. Because the whole thing is very much in change, I will start a BTC chart series.

Let's see what happens. Happy trading. :-)

코멘트:

BTCUSD (1h): 1 hour close up of the current situation ...

www.tradingview.com/x/QKQTieLz/

코멘트:

코멘트:

BTCUSD (2h): update current situation ...

코멘트:

BTCUSD (2h): maybe were running into a decision triangle. lets see ...

코멘트:

BTCUSD (4h): btc breaks the short term resistance ...

코멘트:

BTCUSD (4h): Update ... next strong resitance at 16800. SHS also possible.

코멘트:

btcusd (4h): update just on the way up to the resistance.

코멘트:

btcusd (4h): update - possible short term trendline.

코멘트:

btcusd (2h): update - short term rising wedge broke.

코멘트:

BTCUSD (4h): update - near support line within the short term channel.

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코멘트:

btcusd (4h): broke short term support. trendline 1 still works.

코멘트:

btcusd (1h): shs! ... update

코멘트:

btcusd (4h): btc went the way as predicted. now we see two strong support lines coming from the past. the blue at 1 and the purple at 2. let see which one is the right one. This allows a better identification of the way to continue. for all those who have been waiting with their reentry, it is now time to watch out for the best time.

코멘트:

btcusd (2h): btc could not break the short term resistance yesterday. next possible bigger support at 1200.

코멘트:

btcusd (1h): lets see, if btc also breaks the strong restitance at 15300.