Stopped right at long down channel resistance
BTCUSD now testing the recent down channel upper-band resistance line.
If it can break through expect much more upside. 24k 25k 28k on the table
If not, going back down to test the lower-band (17.5k) and/or 20.5k area. A successful re-test and go off 20.5k could be very healthy if heading into an uptrend.
If it can break through expect much more upside. 24k 25k 28k on the table
If not, going back down to test the lower-band (17.5k) and/or 20.5k area. A successful re-test and go off 20.5k could be very healthy if heading into an uptrend.
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Related publications
Disclaimer
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.