Worth_The_Ri5k

Descending channel BTC 4HR

BITMEX:XBT   Bitcoin
Possible descending channel on BTC 4HR, the nexus indicator (swing indicator) shows a red sell signal also.

This can take us to the weekly orderblock below (grey area) or if it invalidates we can see a break of the resistance and a bullish retest off the channel.
Comment:
We broke out of the channel and are resting right on resistance!

Press play above.

Could see some more upwards movement here if this holds as support guys.
Comment:
Channel invalidated then looks like bearish retest of adam & eve playing out
Comment:
New idea:
Comment:
Sorry, new idea:

✅ Are you losing all your trades and getting nowhere? Have no time to learn how to trade? I have a solution: bit.ly/3uFJuev

📚 Join discord.gg/bitcoin Members Area to get my full Educational Database & Daily Updates of my trades
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.