Ascending peanent right above the trendline has been formed...which is a bearish sign....look at the green rectangles for support levels..for low risk trades....wait for the break of peanent and lower trendline and its retestation........
if btc found support at lower trendline then peanent might break upwards.....in that case retesting of blue line in the channel is likely...
if btc found support at lower trendline then peanent might break upwards.....in that case retesting of blue line in the channel is likely...
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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.