BTCUSDBTC inverse chart shows 200 MA is holding the price. Which means bears are gearing themselves up. Chart has made a higher high and a lower low inside a raising channel. Expect price reversal soon. Happy Trading :)
Note
Correction : Higher lowNote
Bounce from 200 MA could potentially take consolidation above 100 MA and post bullish continuation.
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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.