BitcoinShort
BTCUSD ⚡ Price IS Moving DOWN 📉
The price is now in a new channel. As we can see, the price bounced off the support line, which originates in the month of December. It can be seen that the price did not break through the channel line, which means that the price can easily follow our direction.
As we can see, the price bounced off the lower channel line and started to grow. I expect this growth to continue and the price will be able to reach the upper channel line. After the price rallies, the upper channel line will push the price away and the price will start falling towards the lower channel line.📉
Do you agree?)
Your Solldy.
As we can see, the price bounced off the lower channel line and started to grow. I expect this growth to continue and the price will be able to reach the upper channel line. After the price rallies, the upper channel line will push the price away and the price will start falling towards the lower channel line.📉
Do you agree?)
Your Solldy.
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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.