7th Daily Green Candle is on Bitcoin Price Chart

This is 7th day of the week. Bitcoin price chart has 7 successive daily candles. Bitcoin price has full of daily candles in this week. We have not seen these daily candles series. Even Bitcoin price has good daily green candles series, It can not go up. These daily candles are small.

Here you can see daily chart of Bitcoin price. There was an ascending channel on Bitcoin price chart. Bitcoin price is touching the middle line of this channel. It is hard to break up. While the middle line of this channel is going up, Bitcoin price is going up slowly. That shows how Bitcoin price has reistance.

Here you can see the indicators on daily chart of Bitcoin price. These indicators show us possible price drop in this month. There are uptrend line on RSI Indicator. Even it broke up mini downtrend line, Bitcoin price can not go up fast. There is uptrend line Fisher Indicator. MACD Indicator is trying to go above 0 level.

These indicator will break down uptrend lines at the end of this month. When they break down uptrend lines, we will see price drop on Bitcoin price chart.

After we see breaking down these indicators, Bitcoin price will break down ascending channel. The target of this channel pattern is to touch 40K.

We will follow the news of WW3. It will be trigger for Bitcoin price. We should ready for possible market crash at ehe end of this month.

We will see..

Posted Using INLEO