BTCusdt
Sorry, the chart is very crowded, but
Which trend line supports Bitcoin?
But it seems that Bitcoin is back to the trend in an old channel
white is save?
BLUE?
or LEMONE
we do not know
But I promise you that the green circle will be a very important point and probably a turning point
With this trend, there are three paths that I have drawn in the chart
You see two channels
A channel with an orange dotted middle
the other with a blue dotted middle
Bitcoin is moving in these two downward channels
Bigger channel in higher time frame and in general
Smaller channel (blue) in shorter time
Which trend line supports Bitcoin?
But it seems that Bitcoin is back to the trend in an old channel
white is save?
BLUE?
or LEMONE
we do not know
But I promise you that the green circle will be a very important point and probably a turning point
With this trend, there are three paths that I have drawn in the chart
You see two channels
A channel with an orange dotted middle
the other with a blue dotted middle
Bitcoin is moving in these two downward channels
Bigger channel in higher time frame and in general
Smaller channel (blue) in shorter time
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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.