Price hardly fell below its major support 30k then managed to bounce back from it reaching again the 30'ish
levels . For now I am waiting an upper breakout with price reaching at least the 36k levels seeing bullish momentum that is still in the market .
After seeing BTC breaking the downward trendline and making some great moves up a correction is needed .
For now we will see it re-testing the broken trendline which comes aligned with the 200 EMA and the 0.5 retracement levels of fib .
We should be looking for some more upward move from this area .
After price moving in an upward wedge it has now reached a major resistance levels on the daily time frame .
It's next move will either be a good breakout to the upside or more downward move .
We have a very important economic data today that's the inflation rate YOY of the CAD , expectations lead to a higher inflation which will lead to a weaker loonie , which...
This pair is respectively moving inside this channel while a downward breakout happened price was strongly pushed back inside the channel , this week is full of economic data with Britain having new restrictions due to an urge in the covid-cases .
My position is neutral for now will be waiting for price action confirmation with a mix of news , to see if price...
TRX/USDT 45M : price was moving in a falling channel for a while now we see it trading in a minor uptrend channel inside the bigger one with a small divergence on RSI . We might see price fall one last time before deciding to breakout out of this long down channel .