Bitcoin
Long

BTC, finished bleeding?

379
Hello friends, Traders and interested,
at first I have to say sorry that my update took so Long. A lot of trouble the past days did not allow me to create a new TA. But now...
And it is an important time. Into the Chart.

As you can see, we left the downtrend channel ( blue lines), confirmed, because the 1 hr- candle closed complety above the upper blue line. Also we touched the big black line, without closing under the line. The big black lines are decribed in the Chart. BTC bounced succesfully up. Together with the leaving of the blue downtrend channel, we might see signs of a bullish attack. Next steps are the two orange lines (R 1 and R 2). The faster we can cross these Levels, the more the bull run will work.

But, be careful, because this week we will have important political decisions ( G20 and more). But at this Moment the Chart looks positive for a bull attack.

As always, no trading advice, just educational. Trade on your own risk and trade safe.

Likes and follows welcome.
Yours Sascha

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