BITCOIN Seeing Bearish Pressure More Downside coming
821
Crypto is seeing bear pressure now. Especially BTCUSD could not cross 62000 USD for the past three consecutive moves .
The trend of smaller zones (yellow connects of first "Down") as per the picture The trend of Bigger Zones (Yellow connects of Second "down") as per the chart shows that more downfall will be strong than the up moves .
Need to watch the move of the candles for next few candles to see where it will take the market.
Note
Now it will form a channel and to follow the path of down trend
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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.