Main support at 61.8 and 50 fibo. Nice up-trend channel appeared. It bounced back nicely from the support today. Market is moderately oversold. WE will see how it develops. Stay tunned.
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We have broken the big channel and small downtrend channel appeared.
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Broke out of the channel but quickly came back. However still rolling on the edge.
We will see how it develops.
We will see how it develops.
Comment:
Previous channel appeared to be too small. This one is bigger and starts from point (A) which seems much more reasonable. BTC is still struggling
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