BTC continues to respect the bullish channel

BTC continues to respect the bullish channel. There have been some unsuccessful attempts to break the upper border.

New failures to break the upper boundary of the channel can lead the bulls to weariness, which would allow the price to be traded near the bottom of the channel. The EMA 50 should act as strong support (it remains near the bottom of the channel).

Stay vigilant this weekend, especially on Sunday afternoon and evening (GMT Time). Weekends should never be rest when negotiating bitcoins.

* For educational purposes only.

Yorum:

EMA 50: orange
EMA 200: purple