When will we get the reversal so that we can start this Bitcoin Bull Run?

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@geniuscrypto·
0.000 HBD
When will we get the reversal so that we can start this Bitcoin Bull Run?
![Reversal zones.JPG](https://steemitimages.com/DQmUGors5vUma5jkSQ6zDtw3z1YVA97rQqzPdSm31inGAiD/Reversal%20zones.JPG)

When will Bitcoin turn Bullish must be the question, just about everybody that is involved with Crypto must be asking themselves at the moment.

This chart is the one-day Bitfinex chart and I just want to point out a few things that you can look for to help you make that call. 

By now I am pretty sure you know what a trend line is and how they work. As you can see from the above chart these trends lines show us that we are still in a bear market (don't let anyone tell you otherwise for now).

I am pretty sure you have also heard about support lines and resistance lines. As you can see I have marked out a few marks on the trend lines, the GREEN dots is where BTC found support. The RED dots are where BTC found resistance.

I have marked two zones, these are called reversal zones. Over the next few days, you will need to watch the RED zones carefully as this will indicate when we have broken the Bear Run.

To break the downward trend we will need to break the RED resistance zone, we would need to close above that line for a few days before we can say that we have come out of this bear market.

The GREEN resistance zone is the point where we will either bounce off (find support) or breakthrough. There is a lot of support at this level so I don't see latter happen anytime soon.
👍 , ,