New Rising Channel for Bitcoin

Currently, we seem to have received rejection from ma200 in the h4 time interval. Although we seem to be holding on to the ma50 on a support basis in the same timeframe, I don't think it will make the channel valid and I think we will throw a pin below the weekly ma200 and close it on this lively average. Although the sloping channels formed in all kinds of logarithmic scales and weekly timeframes show that we are at the bottom, there is clearly a need for a sharp decrease so that we can see a sharp reaction rise. We still have not reached the goal of the bear flag formation in the big picture, and moreover, there is another bear flag that we can see in the small picture, confirming the goal of the other one.

the6ylal

BUY at support, SELL at resistance.
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!

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Penafian

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the6ylal

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