Ema 34 and the downtrend channel's resistance are aligning and it is gonna be hard for the BTC to break. Nice area to fade away (short).
Note
If it does breaks away and closes above ema 34.. then we can see a relief rally for sure.
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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.