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BTC looking much better than I feared today. Its bouncing now and looking to hit that broadening wedge. We're looking for it to either keep travelling and breaking the wedge or to blow through. Kissing that line again will indicate another downward swing which will probably take us through the weekend. Previous supports remain in play. Need some sideward movement to get back out of the downward bear channel we ran in for the past month+.
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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.