Possible move for bitcoin in next days.
Key poinst for this analisys:
-Rsi in oversold zone and also forming a bullish divergence;
- A fake breakdown occurs all the time especially in weekend (where markets are extremely manipulated and volatile); ---> Thats why i belive we are gonna comeback to the blue channel.
Back in the blue channel we could see a bit of resistance because of 21 EMA and magenta level (resistances);
Final move would be top channel test confluencing with the 50 EMA.
Key poinst for this analisys:
-Rsi in oversold zone and also forming a bullish divergence;
- A fake breakdown occurs all the time especially in weekend (where markets are extremely manipulated and volatile); ---> Thats why i belive we are gonna comeback to the blue channel.
Back in the blue channel we could see a bit of resistance because of 21 EMA and magenta level (resistances);
Final move would be top channel test confluencing with the 50 EMA.