Coinlog

What is a Price Channel?

BITSTAMP:BTCUSD   Bitcoin
A PRICE CHANNEL APPEARS ON A CHART WHEN A ASSET'S PRICE BECOMES BOUNDED BETWEEN TWO PARALLEL LINES.

Bitcoin appears to be in price channel since 18May!

Some traders love Parallel channels as they they can keep buying and selling between to get profits.

While other traders like to trade Breakout on Parallel Channels.

How do you trade price channels?

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.