Downtrend wedged on longterm support.
Update - Bearish trend continues inside a downtrending triangle, inside a downtrending channel and seemingly about to break below longterm support.
This is not TA or ..Trading Adivce
- A
This is not TA or ..Trading Adivce
- A
Note
We are still well within the downward channel.Note
Unless there is at some point a solid reversal for XBT breaking the 14k ath there is likely to be more downward movement.
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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.