BTC channels
Dropping channel of btc has a breakout just after ma50 has been passed and a new rising channel started to appear. Nowadays this rising channel high border seems to behave as a resistence level. The current also seems as step 5 of waves so i think the rise may end at about 4500-4600 levels. After than there may be another fall down which i guess will not normally reach a level below $3600 and bounce up again to a new resistence.
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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.