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BTCUSD Downtrend channel

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Looking at this channel BTC is on a downtrend unless it breaks out of this channel
Note
t is as clear as anything that this down trend line of the channel is playing as #monstrous #resistance and now 50 day MA as well. BTC can be considered #bullish only when it breaks out of these #monstrous #resistance points.

twitter.com/techish/status/969166107356536832
Note
It is as clear as anything that this down trend line of the channel is playing as #monstrous #resistance and now 50 day MA as well. BTC can be considered #bullish only when it breaks out of these #monstrous #resistance points.

snapshot
Note
One or two more days to complete Cup & Handle formation and we could be up for a 6k rise from here ....

snapshot
Note
BTCUSD close above $11400 today is very promising, great sign for a potential upside move.

snapshot
techish
Aussi sur:
Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
techish
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.