Nebolabs

BTC should move

Long
BITSTAMP:BTCUSD   Bitcoin
My thoughts on BTC on the 4HTF. We tested the bottom of the channel in yellow and seem to be bouncing off it. Which coincides with the lower trend line of the downtrend channel. We will be testing the upper trend line and if we break, then we will hit the top of the channel in yellow( resistance). Price action is right now facing a local resistance which if broken will see us hitting upper trend line and top of yellow channel.

So I do think BTC is going to rally a bit now.

This is my first Publication on here. Correct me if I missed anything or over did anything.

YOLO.

🍀
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