BTC is in the downward channel, with the bearish impulsive wave now concluded.
$26579.39 resulting from the calculation since May 10th functions as a very strong support.
Now the bearish trend flips into consolidation under resistance.
The new triangle is formed before the next FOMC, provided that the price keeps above $26579.39-$25410.65 until Jun 16th.
Welcome chatting. Safe trading, frens.
$26579.39 resulting from the calculation since May 10th functions as a very strong support.
Now the bearish trend flips into consolidation under resistance.
The new triangle is formed before the next FOMC, provided that the price keeps above $26579.39-$25410.65 until Jun 16th.
Welcome chatting. Safe trading, frens.
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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.