Bitcoin downward channel broke by sharks at the fifth attempt with U$$20 billion of purchasing volume in january 14
curious is part of all this liquidity has ended up draining for some altcoins at the same day like bitcoin sv, bitcoin cash, bitcoin gold, bitcoin diamond, ethereum classic, dash and zcash just to mention some.
this means the downtrend has changed or it's just a small run or fake break out to then come back to downward channel? and will be possible to open more longs on new upwards chanells in formation ahead if this upward move continues? We'll see soon
happy trading
curious is part of all this liquidity has ended up draining for some altcoins at the same day like bitcoin sv, bitcoin cash, bitcoin gold, bitcoin diamond, ethereum classic, dash and zcash just to mention some.
this means the downtrend has changed or it's just a small run or fake break out to then come back to downward channel? and will be possible to open more longs on new upwards chanells in formation ahead if this upward move continues? We'll see soon
happy trading
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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.