Time to go down
Updated
The upper border of the channel has been already touched 4 times and proved to be relevant. The question is if the lower line of the channel is going to prove its worth? Obviously I expect the price TO NOT break out of the channel especially considering the fact the major correction of BTC is around the corner. RSI also poses certain resistance.
Note
Wait for the entrance into the first accumulation zone.
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.