Bitcoin is in a strong price channel, which is held by bears, thus we have a downtrend. The price clearly works out the boundaries of the channel and the levels that pass inside it.
On the chart, we have a side range (local) and a strong trend line that runs in the middle of the channel. There is a high chance that the price will roll back from the resistance zone along the trend and head down.
I suppose testing the resistance zone with a false breakout, the price returning to the range and moving towards the short-term target - support 19828. The medium-term target is the liquidity zone 17665.
Sincerely, R. Linda!
On the chart, we have a side range (local) and a strong trend line that runs in the middle of the channel. There is a high chance that the price will roll back from the resistance zone along the trend and head down.
I suppose testing the resistance zone with a false breakout, the price returning to the range and moving towards the short-term target - support 19828. The medium-term target is the liquidity zone 17665.
Sincerely, R. Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com