Bitcoin just exited a channel on the 1 hour time frame. Volume appears to confirm loss of demand at the $23,000 level.
Hopefully,
BTC finds support at $20,000!
Hopefully,
BTC finds support at $20,000!Note
I mislabelled the 200 EMA. It's actually for the 1-hour and not daily!Note
The Weekly does show a "death cross" of the 200 and 50 Week EMAs.Order cancelled
Bitcoin does look bullish again! It re-entered the Pitchfork channel and On Balance Volume confirms demand.
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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.