quantacake

BTC 9k -> 7k ?

quantacake Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC is out of the channel and currently faced resistance around 9k. May see BTC drop to 7k to test the top of the channel before pushing up. Invalid if breaks above yellow line with increase volume.
Comment:
If main analysis plays out, BTC may create an inverse H&S. Something to consider.
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.