Bitcoin and Cryptos ? Close to Breaking Out of Downtrend ?

2 min read

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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