BTCUSD | Correction

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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BTC was rejected by R1 and Ascending Channel's resistance.

Bearish divergence point on the price needs a correction.

You can consider initiate a Long position on a confirmed retracement from 9950$ level. Or from Ichi Cloud Support Zone .

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
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Great analysis
+1 Reply
@kyer, Thank you!
@kyer, appreciate your feedback)
Very nice setup!
+1 Reply
Anpu lCrn187
@lCrn187, Thank you for kind words!
+1 Reply
Anpu lCrn187
@lCrn187, appreciate it)
+1 Reply
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