On the daily chart, after a few weeks of action in consolidation on the support from the TOP of the last bull run of 2017, I have prices approaching the valid TL of the bearish move. If price breaks higher it could be a short-term rally for BTC but if price respects the trend it can be a great indication that we are going down lower.
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.