BTCUSD WEEKLY
BTC on the weekly still honoring the symmetry of the upward channel.
After the strong impulsive move from ~10K to ~60K price has formed a very nice expanding flat corrective structure
whilst still maintaining the upward channel.
What's more is price is also forming a falling wedge as we approach the ascending support of the channel where I will be expecting
price to find support, and resume course to the upside.
We shall see.
After the strong impulsive move from ~10K to ~60K price has formed a very nice expanding flat corrective structure
whilst still maintaining the upward channel.
What's more is price is also forming a falling wedge as we approach the ascending support of the channel where I will be expecting
price to find support, and resume course to the upside.
We shall see.
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.