Bitcoin / USD CoinUpdated BTC still ranging
The longer the consolidation, the better the break out (to the upside or downside).
BTC is ranging, MACD lines doesn't gives any clear signal.
I personnally won't make any moves until BTC exit from this paralel channel.
BTC is ranging, MACD lines doesn't gives any clear signal.
I personnally won't make any moves until BTC exit from this paralel channel.
Note
BTC is on the verge of breaking out to the downside of that reaccumulation channel ( below 29850).It's not looking good.
Note
This was a just a test. Funny to see how the channel is respected. I'm still neutral at the moment.Note
Break Top of Range and Imma throw my kidney in the corn
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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.