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BTC in sell zone, but breakout is still possible
Bitcoin
BTC in sell zone, but breakout is still possible
By comfyharry
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Updated
Nov 23, 2017
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Nov 21, 2017
BTC has been grinding for 6 days in the upper channel (sell zone)
I believe the more time it spends here the higher chance of a breakout.
Nov 23, 2017
Note
7th daily candle closed in this channel. This is the longest BTC spent in the "Sell Zone".
The market had plenty of time to exit so it is very bullish to still be consolidating in the "Sell Zone". I strongly believe we are going higher.
Chart Patterns
comfyharry
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