BTC price action with the removal of time via Renko indicates a clear culmination point is in play... as BTC hits the lower end of a long-term ascending parallel channel.
Reversal or bounce is likely based on support trend-line, key distinction being the macro headwinds the markets are facing from the economy.
Useful chart view to gain another perspective.
Reversal or bounce is likely based on support trend-line, key distinction being the macro headwinds the markets are facing from the economy.
Useful chart view to gain another perspective.
Related publications
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.
Related publications
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.