As the chart describes, the pattern started at BTC ATH at 41.8.
BTC dropped after bullish momentum was lost.
What do you think is the next step for BTC, this chart describes the bigger picture of btc. Will 35 k break, resulting in a new trend?
My guess is the 35 k resistance will bounce btc back to 32 k.
-SR7- Tradings
Comment
⋅
Correction formed as described. After managing to keep the resistance of 28-30 k again were back in the third channel, testing the trend line for going up again.