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BITCOIN IS READY TO RETEST THE UPPER BORDER OF ASCENDING CHANNEL

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BITCOIN(BITMEX:XBTUSD, COINBASE:BTCUSD,BITFINEX:BTCUSD)
is completing the retrace and is ready to retest the upper border of the ascending channel, 4150 in Bitmex.
Reasons:
  • All the ribbons turned Green (Bull context) after yesterday's pullback.
  • MACD-1H in Bull Zone
  • RSI-30m has higher bottom
  • Compared to Mar 18, similar scenario may repeat


Since it is on the 30% upper part of the channel, I will use a small amount, to Long some altcoin, maybe EOS.

Do you think this time, BITCOIN will break the upper border of the Channel and succeed to stay over the Channel?
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
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ノート
EOS is leading now.
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Is it "Manipulated"? I have no idea.
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Ascending ChannelBitcoin (Cryptocurrency)BTCUSDCryptocurrencyMultiple Time Frame AnalysisParallel ChannelTrend LinesXBTUSD

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A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.

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