BTCUSDT: looking at trends + simple prediction

You are currently looking at daily chart. Purple lines are long term trend, yellow lines are medium term trend.

Clearly, we can see that we are touching yellow support.
My humble prediction is that we will bounce from yellow support to yellow resistance and then slowly ride down with yellow resistance until we touch and bounce of of purple support and break above purple resistance.

Zlecenie aktywne:

Update on the prediction. Short term we are in up trend. Expect and watch out for touch of the purple line. Purple line will decide if we will go up or down.