Get started
imRedaSouhail

$Bitcoin now inside descending channel

BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
imRedaSouhail  
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Support and Resistance Supply and Demand Trend Lines imredasouhail ismashprofit Bitcoin (Cryptocurrency) bitcoinforecast bitcointrading
2
0
supportandresistance supplyanddemand trendline imredasouhail ismashprofit bitcoin bitcoinforecast bitcointrading
it now appears to be trading inside a small descending channel.

BTC tends to break out of those, and if this small channel results in a move to the upside, I might enter a small short at around 47,000 dollars.

Related Ideas

imRedaSouhail
BTC DOMINANCE Bad sign for altcoins
imRedaSouhail
$BTC Analysis...Will The bull get out alive before the 1W Close
imRedaSouhail
$UNFI is showing a sign of reversal here from Demand zone
imRedaSouhail
$BNB Update
imRedaSouhail
$BTC Premium Analysis September 9, 2021
imRedaSouhail
$Bitcoin pushed off from the 200-day MA again
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.