Short term downtrend met Long term uptrend
Not financial advice.Trade at your own risks.
Short term downtrend finally met the uptrend trend line , and price bounced nicely on it,
1day chart:
Ichimoku looking bullish on 1h and 2h charts just getting more and more confirmations of an uptrend + G20 news on crypto that announce more bullish possibilities.
Volatility is hudge, will need very serious bear to break that, isn't likely to happen.
Might go down a bit in next few hours before continuing the uptrend, might meet cloud R1 line/ 7K historic Resistance Line/ current uptrend line, all averaging same value.
will buy more at 7K if we go that down in short trend.
Next few weeks/days looks promising
Short term downtrend finally met the uptrend trend line , and price bounced nicely on it,
1day chart:
Ichimoku looking bullish on 1h and 2h charts just getting more and more confirmations of an uptrend + G20 news on crypto that announce more bullish possibilities.
Volatility is hudge, will need very serious bear to break that, isn't likely to happen.
Might go down a bit in next few hours before continuing the uptrend, might meet cloud R1 line/ 7K historic Resistance Line/ current uptrend line, all averaging same value.
will buy more at 7K if we go that down in short trend.
Next few weeks/days looks promising
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Still bearish on 1Day ichimoku though