Bitcoin has formed a valid ascending channel and broke the last touch of it with an H4 candle and retested the downside of the channel which let us predict that it will be going down to retest the 70k support So we will enter a short (sell) position on this pair Be careful fam and followers this is a long trade with a big stop loss so small trade carefully with a right risk management Follow us for more updates and ideas
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.