Bitcoin is still trading in the downward channel. Currently it is looking to confirm a short or long position. If panic selling initiated, it would be hard to come back for a long period. Hopefully we can breakout upward.
This idea is not to be considered a financial advice. I am just learning and practicing!
This idea is not to be considered a financial advice. I am just learning and practicing!
Note
Great movement but still not considered break out!Note
Support at 7600 should be held in order to confirm breakout
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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.