BTCUSD 15 min chart showing actionable trades both directions

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is currently consolidating since 20k, also being subjected to various transient shocks like Bitcoin Cash release on Coinbase, etc. that likely have kept upside momentum low. Overnight, the H&S flashed but didn't yield the full measured move, potentially due to the significant resistance being established in the 17s. It's currently channeling down, making a break of the channel an actionable trade in either direction. As time continues, the less likely the H&S will play out (already looking like the previous attempt is the most we'll see in the near term) - perhaps this failure implies further consolidation down is coming in this lull of demand.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out