Looks like 
BTC is moving in a big downtrend channel and has now reached the upper trend line of that channel.
Also, a heavy resistance at fib retracement 0.618 which is also a previous support that act now as a resistance.
Well, it depend on Tether and Binance "stable" coins printers... but I think we will see a long red candles again from next week.
BTC is moving in a big downtrend channel and has now reached the upper trend line of that channel.Also, a heavy resistance at fib retracement 0.618 which is also a previous support that act now as a resistance.
Well, it depend on Tether and Binance "stable" coins printers... but I think we will see a long red candles again from next week.
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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.