The overall move in BTC has been down for over a month, in the most recent move up there is an inkling of support that is forming. The two channels map out our support along with the bottom yellow trend line, the resistance closest to us now is the upper yellow line.
Look for the break of the upper support line to bolster our current support and Look for the lower trend line to break for a the signal of a continuation
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.
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.