BTC has been trading in this channel for quite some time now. Last 4 trading days have been testing the upper channel and has been getting rejected. We are making new highs on the dailies which is a positive but we need to break out of it or threat of testing the bottom of the channel comes into play as RSI is testing lower end of its channel.
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.