BTC. Upward trend continue out of larger downward trend channel
230
Waiting for BTC to continue in the small upward orange channel out of the larger pink downward channel. $5600 is key support area. A strong bounce there will continue uptrend and a breakdown from there would take us to $5450
Note
Low volume here into the weekend. Probably will test $5450 again as it continues in this downward channel. Ether hedge position or close and reenter later. Still long term bullish
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.