This graph is 4 hour candle chart.
As we all know the market has suffered a big instability in the past few days which cause the BTC & alts to go from red to green everyday and backwards.
You can look on the chart and notice that there is huge downward tend line which meet the upwards rising tend-line at the next few days. Also notice the big resistance line which blocks uprising at approximately at 0.0006466.
I think it's a long run, MOD/BTC has a good idea with a good tech. I can just hope that after the triangle will break it will go up but you can never know what will ever happens.
The analysis takes in consideration the upcoming conference in London which occur at the 30 January which helps us understand that before it we won't see any big changes.
My telegram channel for further analysis: t.me/CpWrm
As we all know the market has suffered a big instability in the past few days which cause the BTC & alts to go from red to green everyday and backwards.
You can look on the chart and notice that there is huge downward tend line which meet the upwards rising tend-line at the next few days. Also notice the big resistance line which blocks uprising at approximately at 0.0006466.
I think it's a long run, MOD/BTC has a good idea with a good tech. I can just hope that after the triangle will break it will go up but you can never know what will ever happens.
The analysis takes in consideration the upcoming conference in London which occur at the 30 January which helps us understand that before it we won't see any big changes.
My telegram channel for further analysis: t.me/CpWrm