BEL/BTC (Failed Bullish Attempt)💎Technical Analysis Summary💎
BINANCE: BELBTC
-Previously, BEL broke above the descending channel pattern
-But unable to sustain this breakout and fell below its key support
-The Bears have taken control of this market again
-If the downside continues, the next potential support is located at 7000s sat area
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BELUSD
UNIBTC - Can we break major descending channel?After the break of two small channels and a growth of 30%, we have now entered a new level of price and we are faced with resistance of the main downtrend channel.
Facing the main channel while not corrected .. Is it capable of breaking the descending channel authoritatively? Or will it go to lower levels for a correction?