Bitcoin Still SHORT possible trendchange to LONG 1 HR Chart

#Bitcoin # Ethereum # Litecoin

Hello to all watching my charts

Today we do see Bitcoin still in the short structure Channel

in my longterm tradingchannel ( BLUE COLORED CHANNEL) which is going down.


BUT BItcoin is improving the price action ( PURPLE COLORED CHANNEL) cause we have taken out

the resistance at

11387

and we have now higher highs and higher lows.

I suggest:

We are still in the short situation, and have to wait a little bit for

confirming the improvement.

I think, if Bitcoin reaches my BLUE ARROW Target in Time and price

we just should able to start a long position.

But if it falls again further down in the blue channel below the last low

(my RED ARROW Target) SHORT will be still the position to go.

Good trades

If you want to support my work and my charts, please like them...

Renkotrade