BTCUSDT is still in a bullish channel.
If next low is higher than former low (green line), target in the region of 18k USD
If next low equals or lower than green line, we enter consolidation.
If next low is higher than former low (green line), target in the region of 18k USD
If next low equals or lower than green line, we enter consolidation.
Trade active
BTC following the bullish channel. Correction is healthyTrade active
Channel broken, fukin' whales! Still the 11.3K support is proving strong. Market is heavily oversold due to panic sellers. Feel like it will recover.Trade active
RSI looks oversold on all time charts (1h, 4h, 1day), Bears look tired. Time to bounce back?Trade closed manually
BTC out of channel
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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.