BTC/USD-Daily analysis

Hello everybody, I want to share this with you!

-On a daily time frame chart, we can see that the price is moving in the ascending channel and we can also see that the price is a little bit above the yellow support line.
-On a lower time frame such as 4-hour, we can see that the price tested yellow support line and then the price rejected and started moving in slowly in the bullish direction.

-We can expect few more retests on lower time frames and if the price rejects we can expect a bullish movement and IF the price breaks yellow support we can expect bearish movement until the price reaches green support line of ascending channel,...-But that is just my opinion!

-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!

THANKS FOR READING!

-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.

-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.