locatellicharts

BTC weekly

BYBIT:BTCUSD   None
I used the Median Line per 1.2.3 to check a potential channel that was forming:


I updated the idea:




Now we had the recent lower parallell-sliding line test and pullback (red arrow), something that may be watching with care in case of more selling pressure particularly with a move back under the light blue zone of the pattern.
Comment:
CORRIGE: Now we have had the recent lower parallell-sliding line test and pullback (red arrow), something that may be watching with care in case of more selling pressure particularly with a move back under the light blue zone of the pattern.

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