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cryptcrow
Mar 24, 2021 4:41 AM

Ascending Channel on BTC 

Bitcoin / United States DollarCoinbase

Description

It's going to be a really close call here in the next day or so. Holding above this trend line will be crucial. Watching very closely.

So far it's holding at this level of support.
Comments
SIGPokerKing
Agree, lower boundary of roughly $53.5, which matches my 4H charts. I've been trading off the 8H, which isn't much different. Not liking the RSI neg divergences, and MFI looks awful. It's catatonic, just like the equity markets.
cryptcrow
@theworldinscents, Exactly. I'm still fairly neutral. But I honestly would not be surprised with it going in either direction. Gun to my head though, I'm leaning bullish. BUT we will see! Haha
Paul-adam
Nice idea.
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