Hello guys,
please look up to the chart, there are two scenarios:
Scenario one: if bitcoin breaks through the uptrend channel, then we can see upward through the 30,000 price
We can see 100 EMA is also strong. The price is above the 100 EMA so that means the price is bullish. If the price broke through the channel then the price will go directly to 30,000
Scenario 2: if the price couldn’t break through the uptrend channel then the price can go to the support level of uptrend channel so we must stay patient and wait for the price to break either of the scenario.
Thank you guys.
please look up to the chart, there are two scenarios:
Scenario one: if bitcoin breaks through the uptrend channel, then we can see upward through the 30,000 price
We can see 100 EMA is also strong. The price is above the 100 EMA so that means the price is bullish. If the price broke through the channel then the price will go directly to 30,000
Scenario 2: if the price couldn’t break through the uptrend channel then the price can go to the support level of uptrend channel so we must stay patient and wait for the price to break either of the scenario.
Thank you guys.
Comment:
The price is coming to the support level of the channel.