BTC summary (December 2021) downwards channel (LL's & LH's)
My thoughts on bitcoin?
1) downwards channel formation still intact.
2) lower highs, lower lows.
3) breakdown from uptrend that started July 2021.
4) market structure aoi around $44,444.
5) would like to see a 3rd tap on the support line on the downwards channel with strong buy pressure.
Happy holidays to everyone, and Merry Christmas.
đź‘Ť
1) downwards channel formation still intact.
2) lower highs, lower lows.
3) breakdown from uptrend that started July 2021.
4) market structure aoi around $44,444.
5) would like to see a 3rd tap on the support line on the downwards channel with strong buy pressure.
Happy holidays to everyone, and Merry Christmas.
đź‘Ť
Trade active
Trade active
1) you panic sell the downwards channel support
2) my buy orders get filled
3) short squeeze
Trade active
$44,444Santa Claus
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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.