The bitcoin is rising in the right direction.

in #cryptocurrency6 years ago

Hi everyone.

I'll look into the bitcoin. A drop occurred at the end of August and is rising from support point. It is also called a support rebound. It has been rising up slightly and now it has reached the peak of the second-step decline point.

The rebound has come up from the peak to the center. This is the selling point of the first highest point. I don't know if it will continue to rise to the right. When we look at the chart, it is also the time to go up.

However, variables always exist.

When I seen, It is just a chart. If you approached it with a short swing, you should sell it now. I think it might rise a little more. In a typical Fibonacci approach, it rebounds above the support. It is only a rebound. by the way. In the past, the volume of transactions that had shrunk since May has exploded again.

Did it increase? What signal? If I look at the previous volume, And it is increasing again. It can be said that it is time to issue again.

Only here today. Have a good day!!


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** Disclaimer: This post is a personal idea, not an investment idea. The transaction is a small transaction, so please enjoy it. It is your responsibility to invest, and you should be aware of subjective judgments and technical analysis to make investments.