Our channel has matured and now has set more accurate support and resistances in the current trend. Simple analysis of the trend and sticking to trading with the trend; the price is likely to move higher and a stop-loss can be set just under 6.2K .
However, the current global crisis and massive sell-offs in the traditional markets heed a bit of caution! Can #bitcoin decouple? Let us know which direction you think this will play out!
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.