EminenceGrise

BTCUSDT: Continue to move in the downward channel.

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon, dear traders! I decided to revise the chart on the daily timeframe. I see a downward channel with a strong support level of $ 6,800. Which was struck only 2 times, but the price did not go out of the channel ...

We are looking for entry points near the upper border of the channel. The first take on the support level. The level can be broken. In this case, the price can quickly go up to $ 6300.

If you like my ideas please hit the like button. I'll be very happy.
Thanks for your support. Have a good day and may the profit be with you!
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.