As it looks price respecting to the channel ant it failed several times to break the channel, rsi getting higher and and price going lower (divergence), macd couldn't touch 0 zero (possible death cross), descending channel, ma's acting as dynamic support and resistance in other time frames too ...
In my idea, we're going down for a while ...
My target is 8750
Lets see what will happen
In my idea, we're going down for a while ...
My target is 8750
Lets see what will happen
Note
Note
What do you think about this ???
Butterfly, H&S, descending channel ??
If btc respect to one of them ...
It will go down ...
The only thing can break this ideas is a confirmation above the 9550 ...
Take care and trade safe ...
Trade closed: stop reached
Descending channel has been broke last night, check new idea on my account.
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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.