BitcoinUpdated BTCUSD Downtrend channel
Looking at this channel BTC is on a downtrend unless it breaks out of this channel
Note
t is as clear as anything that this down trend line of the channel is playing as #monstrous #resistance and now 50 day MA as well. BTC can be considered #bullish only when it breaks out of these #monstrous #resistance points.twitter.com/techish/status/969166107356536832
Note
It is as clear as anything that this down trend line of the channel is playing as #monstrous #resistance and now 50 day MA as well. BTC can be considered #bullish only when it breaks out of these #monstrous #resistance points. Note
One or two more days to complete Cup & Handle formation and we could be up for a 6k rise from here ....Note
BTCUSD close above $11400 today is very promising, great sign for a potential upside move.
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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.