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Channel
XBTUSD
, 120
XBTUSD: Channel

BTC channel

Clear new resistance @ 8250 time to break down
XBTUSD
, 60
XBTUSD: Clear new resistance @ 8250 time to break down

Obvious distribution period. End of last point of supply. Time to break support @ 7800. Back into next high volume area.

Bulls go for one more chase after the stop loss of the bears
XBTUSD
, 60
XBTUSD: Bulls go for one more chase after the stop loss of the bears

MACD dropping but still not convincing. RSI can bounce back on the black line. Probably one more try to chase the stop loss and then give it back to the bears.

BTCUSD Kraken
XBTUSD
, 60
XBTUSD: BTCUSD Kraken

BTC USD possibilities

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