BitcoinShort
BTC - Back in Falling Wedge Channel, Low Vol., Below 200D
Still not out of the woods yet. Bullish iHS and temporary breakout outside of bearish falling wedge channel failed to get volume, which is waning - not good for a sustainable uptrend. In addition, current level is again below 200EMA.
On the plus side: Holding above 8K, long-term trend line could hold support at 7k+.
On the plus side: Holding above 8K, long-term trend line could hold support at 7k+.
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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.