altcoin_invest
Short

Hit the meridian of a long downtrend channel, for a crash (btc)

BTCE:BTCUSD   Bitcoin / Dollar
While lot's of ppl             in here are full bullish I see just a perfect hit on our intact longterm downtrend channel. RSI inkl. selloff today give us the confirm that the chart will stay in this channel. The only question is how long. But out of question I quess is, that befor any move up we need to find our support level in this channel.

What also confirm this TA is my last one which is even showing a middle-term uptrend channel, also hit the meridian + RSI and Ichimoku cloud confirmed. You'll find it here:
Channel diving with XABCD pattern (bitcoin)


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