BITCOIN GOT VALID SUPPORT ALONG CHANNEL PREDICTED

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Bitcoin just bounced from the support as I charted 2 days ago in the idea "Bitcoin's Support, Resistance & Ascending Channel for Next Week".
The Ascending Channel is maintained pretty well, while the upper Resistance is lowered a bit to 4000 USD (Bitfinex:BTCUSD).
A new Resistant Trend Line is added, which might be a new Resistance.

Charting by tradingview

Sibling Page in Charting Platform

Before the bounce, OverSold appeared in 30m & 42m, indicated the strong support.

##################### DISCLAIM ###################
This is only a personal opinion and does NOT serve as investing NOR trading advice.

Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.






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