After trading sideways for several days BTC is headed for the middle of its ascending channel. Next support is between 7500-7650. We will wait for a strong bullish signal in this price area before reinforcing our BTC trade in expectation of one final upward movement.
If we see a candle close BELOW the upper trend channel expect to see panic selling. Make sure your stop losses are set for all trades and alt coins.
Zone to watch: 7500-7650
If we see a candle close BELOW the upper trend channel expect to see panic selling. Make sure your stop losses are set for all trades and alt coins.
Zone to watch: 7500-7650