BTC Downtrend Channel Formed
BTC must hold $7500 support level to reverse. At this time we have entered into a downtrend channel as the support walls within the uptrend channel broke with a double top and lower high close on daily.
Look at BTC to continue uptrend cycle with a break at $8400. Otherwise, be prepared for lower lows if it fails to hold at $7500 support.
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Not financial advise, not a financial advisor. Use for educational purposes only.
Look at BTC to continue uptrend cycle with a break at $8400. Otherwise, be prepared for lower lows if it fails to hold at $7500 support.
Thanks! Feel free to leave a comment.
Not financial advise, not a financial advisor. Use for educational purposes only.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.