Hello Traders
All markets are going through a FUD moment with coronavirus fear, for those who are holders, take this time to buy more and dont be scared we still in a long term bullish trend!
Here is a simple and clear anaylises of bitcoin, the price rejected the long term resistance line, we are correcting the last uptrend moviment, in a healtly correction, there is nothing to worry about, the price is making his path to test the long term Support line witch matches with 50% fibo retracement.
As long as we stay above that support we are still in a bullish trend.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
All markets are going through a FUD moment with coronavirus fear, for those who are holders, take this time to buy more and dont be scared we still in a long term bullish trend!
Here is a simple and clear anaylises of bitcoin, the price rejected the long term resistance line, we are correcting the last uptrend moviment, in a healtly correction, there is nothing to worry about, the price is making his path to test the long term Support line witch matches with 50% fibo retracement.
As long as we stay above that support we are still in a bullish trend.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.