When to enter long for Bitcoin? Descending channel

Updated

I'm not entering until we break the upside of this channel and the 8HR and 12HR stoch RSI hit the bottom and turn upwards

Note

I should readjust the channel to include the two upper wicks, but either way, the channel seems to be rejecting the current reversal. Wait for a close above and we might push upwards to 10800

Note

10650 more likely actually to complete the H&S pattern. From there is anyone's guess. I'd say bearish again

jimo79

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