armizi

Retest the Weekly clean up-channel lows, then Boom.

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is in a 1W up-channel, moving to test the channel lows. The price-action imitates a double-top, which can make many holders to sell their bags, and that's the time for moving to higher prices again.
There is also another possibility: if the price go back above the channel's mid-line, it would be possible that we never touch the lows of the channel and then very probable to break the channel's high, which is very bullish in weekly TF.
Feragatname

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