BTC has more downside
Updated
After large sellofs we saw an uptrend in this channel here. With a few breaks above channel as seen by triangles and dipping back into the channel it gives me some indication that it doesnt have what it takes to stay above that upper trendline and cannot break above this resistane channel. Each break above decreased in size and failed to do so in the last attempt showing weakness. I am expecting a breakdown.
Trade safe have fun!
Like and follow for more like this!
Trade safe have fun!
Like and follow for more like this!
Trade active
Hard in the paint on some BTC puts yehawwwww!
Related publications
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.