Sephiroth4269

Weekend Trading with BTC

Short
COINBASE:BTCUSD   Bitcoin
It looks like the sideways trading of BTC is persisting through the weekend despite the notorious bullish tendencies of weekend trading! What does this mean? Well with BTC not reattempting the 60k range, and trading in the middle of the channel, while heading towards the bottom of the channel we can expect a Sunday or Monday test of the bottom channel. I would say more but given the nature of Crypto this trading season the only inferences I can make are ones in the short term.

As always be safe when trading and do your due diligence!
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.