BTC IS BEEN TRADING IN A DECENDING CHANNEL FOR LAST TWO WEEKS,
BTC IS ABOUT TO APPORACH THE LOWER BAND OF THE DESENDING CHANNEL, CAN EXPECT A BOUNCE FROM THE LOWER BAND TO OUR NEW HIGHS.
A BREAK BELOW THE LOWER TREDNLINE OF THE DECENDING CHANNEL WILL CREARE PANIC SELLING IN THE MARKET AND WE MAY SEE MORE LOWS.
Take partial entries at the blue lines, (Don't go all in at once) take profit at green line and use red line as your stop loss that is right below your lower tendline of the descending channel.
BTC IS ABOUT TO APPORACH THE LOWER BAND OF THE DESENDING CHANNEL, CAN EXPECT A BOUNCE FROM THE LOWER BAND TO OUR NEW HIGHS.
A BREAK BELOW THE LOWER TREDNLINE OF THE DECENDING CHANNEL WILL CREARE PANIC SELLING IN THE MARKET AND WE MAY SEE MORE LOWS.
Take partial entries at the blue lines, (Don't go all in at once) take profit at green line and use red line as your stop loss that is right below your lower tendline of the descending channel.