BTC / USD - Broke out of channel
BTC broke out of it's channel here after forming inverted H&S, and is currently re-testing the top.
A successful re-test indicates a move back towards previous / recent highs. Testing 12k several times suggests we eventually break through.
A break back into the channel may result in a move back downwards.
A successful re-test indicates a move back towards previous / recent highs. Testing 12k several times suggests we eventually break through.
A break back into the channel may result in a move back downwards.
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.