BTCUSD 3rd Minor Descending Parallel Channel Breakout Pending
2 times the minor descending channels within the major ascending parallel channel have had bullish breakouts. We are now on a 3rd run. Every other indicator indicates BTCUSD and ETHUSD are going to continue on the long uptrend after this minor retracement.
We have hidden bullish divergence + inverse heads and shoulders + breakout from minor descending parallel channel + bullish cross moving averages.
Watch out for the scam wicks to liquidate margin longs to take out those longs before we continue trending upwards. Keep margin levels healthy and low leverage only unless you know what you are doing and/or keep tight stop losses (risk management key factor).
Good luck!
We have hidden bullish divergence + inverse heads and shoulders + breakout from minor descending parallel channel + bullish cross moving averages.
Watch out for the scam wicks to liquidate margin longs to take out those longs before we continue trending upwards. Keep margin levels healthy and low leverage only unless you know what you are doing and/or keep tight stop losses (risk management key factor).
Good luck!
