Bitcoin and Cryptos ? Close to Breaking Out of Downtrend ?
Dear Traders,
Bitcoin, Ethereum and Ripple are not able to confirm a new lower low in the past 5 trading days, which is increasing the likelihood that price will make a bullish reversal and breakout. The trigger for a bullish breakout and rally is a strong 4 hour candlestick that can break above the resistance trend line. The video also explains the main targets for Bitcoin, ETH/USD and XRP/USD.
Check out the video for the full analysis and trade plans on 24-25 January 2018:
- Technical analysis
- Review of patterns, trends, key S&R levels
- Explanation of potentrial trade ideas both up and down
- Beginner friendly, explaining concepts in more detail
See the video below for all of the details
Good trading,
Chris Svorcik
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