Bitcoin
A) It goes down to the bottom of the channel (53K) and reverses upwards like the two times before.
B) It bounces off the support it’s on now and reverses upwards.
C) Be patient and wait for the crossover of all three of the DI, SMA25 and trend line before going long.
D) None of the above?
bounce off the channel looks to easy, my weekly energy shows week top so I figure down and out of it. I must say that it has amazed me with its action so maybe just too much caution as always on my thinking.
https://www.tradingview.com/x/0i57hKhD/