Blue lines: Resistant lines
Red lines: Support lines
Green lines: Trend lines
Comment:
It has touched a very strong support line and I don't think it will go down further.
When Bitcoin calms down a little bit it will bounce from the support line upwards.
So it could be a very good moment to enter.
Good luck.
Blue lines: Resistant lines
Red lines: Support lines
Green lines: Trend lines
Comment:
As you can see not only we can get a very positive signal from RSI and MACD, but also it's ajusting its price just above the support line.
To make sure the strong upwards movement, let just wait a bit to get throught the little triangle's resistance line.
Good luck.
Blue lines: Resistant lines
Red lines: Support lines
Green lines: Trend lines
Comment:
After touching support line of the channel, it bounce up very quickly and reached the resistance line several times.
This time I expect similar movement in the channel as well.
Good luck.