in blue the previous downtrend channel
in orange the new downtrend channel indicating today's price drop.
market is heavily influenced by big old BTC.
checking the weekly BTC chart we can clearly see H&S forming.
Let's hopes we're not going all the way down :|
in orange the new downtrend channel indicating today's price drop.
market is heavily influenced by big old BTC.
checking the weekly BTC chart we can clearly see H&S forming.
Let's hopes we're not going all the way down :|
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.