Some people are talking about an inverted cup and handle starting in Jan.
Or a mega head shoulders. Perhaps too big in time bars.
Anyways, down trend is pretty clear.
Only time will tell if we get out of this.
I think there will always be some hope till we hold 30k no more.
Good luck.
Or a mega head shoulders. Perhaps too big in time bars.
Anyways, down trend is pretty clear.
Only time will tell if we get out of this.
I think there will always be some hope till we hold 30k no more.
Good luck.
Trade active
30k area reached today once again.Trade active
BTC just following the same descending channel.We need to break the green channel, test MA200 and breakout of the top blue channel (that would be around 50k) to start thinking about bullish things.
Trade active
And keeps following the same green channel. We will most probably go down.
BTC might probably give you a bit more hope before. Dont get traped. Better wait.
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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.