BitcoinUpdated BTC: Fakeouts, Black Swans and... Bulls?!
In short:
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
Note
We broke below the Channel. Strap in for 49K.Note
As expected :^)
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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.