spike & channel trend line on the #bitcoin ðĨ
hi there
we all heard abut breakout's but normally price always put people behind therefor price make a spike but what should we do after recognize that.
well there is some that we can doo about it first we must analyze the channel after it see if it's a week channel of a strong channel because there is high chance that chart ð might make another spike in the same direction.
if the channel is weak then we might have a deep pullback but if the channel is strong we might have the second spike without any pullbacks.
I'll be happy to see your comment's
cheers ðĨ.
we all heard abut breakout's but normally price always put people behind therefor price make a spike but what should we do after recognize that.
well there is some that we can doo about it first we must analyze the channel after it see if it's a week channel of a strong channel because there is high chance that chart ð might make another spike in the same direction.
if the channel is weak then we might have a deep pullback but if the channel is strong we might have the second spike without any pullbacks.
I'll be happy to see your comment's
cheers ðĨ.
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