BTCUSD channel
Keep a close eye on BTC here.
Starting to get a well-defined channel, and we're trending down towards the channel support as the 200SMA is not holding as a strong support up at these levels...
Red circle marks beginning of a new downtrend, green circle would be beginning of new uptrend.
Red circle seems higher odds right now... Ideas not advice.
Starting to get a well-defined channel, and we're trending down towards the channel support as the 200SMA is not holding as a strong support up at these levels...
Red circle marks beginning of a new downtrend, green circle would be beginning of new uptrend.
Red circle seems higher odds right now... Ideas not advice.
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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.