BTC has been grinding for 6 days in the upper channel (sell zone)
I believe the more time it spends here the higher chance of a breakout.
I believe the more time it spends here the higher chance of a breakout.
Note
7th daily candle closed in this channel. This is the longest BTC spent in the "Sell Zone". The market had plenty of time to exit so it is very bullish to still be consolidating in the "Sell Zone". I strongly believe we are going higher.
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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.