Hello, this is an update from my previous BTC/USD chart didnt notice a sudden volume spike in less than 2 days resulting into upward price. while the rally still continue, keep in mind BTC/USD still in bearish trends.
Yellow Line: Price action could go side way on support #1 then slowly move toward support #2 or resistance #2 Red Line : Price action could go downside to support #2 after being rejected either from resistance #1 or #2, while there always possible sudden rally occur because certain event. Green Line : Price action go toward resistance #2 and probably will sideway along resistance #2 until it can break toward bullish territory
Please take this idea with a grain of salt, i do love to hear your feedback in the comment section about this idea.. peace.
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