BitcoinUpdated BTC making a decision here
Looks like we will be trapped in the 30 - 40 range longer extending the consolidation.
The lower high, double top is a bit bearish.
Small chance a break out channel is forming.
The lower high, double top is a bit bearish.
Small chance a break out channel is forming.
Note
After selling on confirmed diverenge at 38k. I reentered at 35k as the price anticipated the green upward channel.Note
38500 next target. At that point we wait for confirmation of red or break out into green channel.
Note
Looks like we hit our target today and then it is decision time!Note
We've hit the bottom of the green channel again. Moment of truth. Are we going back up or going to 29k.
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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.