The parallel channel of Bitcoin shows that its first Bitcoin target is around $17,700. The parallel channel and static resistance of Bitcoin as well as its RSI resistance have been drawn. The break-up of these resistances will be the pre-signal of the end of the downtrend.
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.
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.