BTC caught sellers as buyers swooped in on an apparent breakdown, but has printed a large green candle.
I got caught on the short side and was stopped out, but I'm not long on BTC before a breakout above the channel.
It's very possible bulls will get snagged at the top of the channel on that movement.
No clear direction yet.
BCW calls a relief rally but until the channel is broken, it's a neutral outlook for me.
I got caught on the short side and was stopped out, but I'm not long on BTC before a breakout above the channel.
It's very possible bulls will get snagged at the top of the channel on that movement.
No clear direction yet.
BCW calls a relief rally but until the channel is broken, it's a neutral outlook for me.
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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.