Bitcoin
Short

BTCUSD in a Bearish channel

242
BTCUSD seems to be in a bearish channel.
I doubt it can break up the channel, but it's always a possibility.

In my consideration it tends to keep the bearish channel, however it's a correction channel and not so steep.

There also:

Engulfing Bearish 1W
Doji Star Bearish 1D
Engulfing Bearish 1H

But wait for the channel breakout too, as always.

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.