Honor Link's astonishing power.
Link is trying to get out of the downtrend line.
Ascending above 2.9266 completes the letter 'U' for the second time.
If the pair then rises, supported by the upward trend line, it is expected to form a new high.
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From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).
We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.
Link is trying to get out of the downtrend line.
Ascending above 2.9266 completes the letter 'U' for the second time.
If the pair then rises, supported by the upward trend line, it is expected to form a new high.
----------------------------
From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).
We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
