BTC after testing strong resistance around 10.4k fell and fell to lower support levels. As I showed in my earlier analyzes, I expected such a moment. This is a good opportunity, I think. As long as we stay in the growth channel (the cut between white lines) everything is ok.
The course should bring up and bounce off the bottom line of the growth channel (green box)
Previous analysis:
1)
2)
The course should bring up and bounce off the bottom line of the growth channel (green box)
Previous analysis:
1)
2)
Note
I forgot to add that after reaching the level from the green box, I expect a rebound near the last peaks or 10400-10500.
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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.