Bitcoin channel reversal! Forecast
#BTC update
▪️The local trend is down, the price is moving in a downward channel and has come to the fibo support zone of $20200
▪️We also have a divergence on the older timeframe 4H. bullish signal
▪️I see several interesting development options, a small flat with a reversal from the current values, or a longer correction to $19,000 and going up!
▪️Since it's a weekend, you don't need to wait for any serious movements, but it's better to place several orders for $20,000 and $19,000
Don't be lazy subscribe to the channel, put like, add a comment!
▪️The local trend is down, the price is moving in a downward channel and has come to the fibo support zone of $20200
▪️We also have a divergence on the older timeframe 4H. bullish signal
▪️I see several interesting development options, a small flat with a reversal from the current values, or a longer correction to $19,000 and going up!
▪️Since it's a weekend, you don't need to wait for any serious movements, but it's better to place several orders for $20,000 and $19,000
Don't be lazy subscribe to the channel, put like, add a comment!
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.