TradingView
CoinAndCrypto
Jul 31, 2018 2:53 PM

BTC Daily Update 

Bitcoin / TetherUSBinance

Description

After trading sideways for several days BTC is headed for the middle of its ascending channel. Next support is between 7500-7650. We will wait for a strong bullish signal in this price area before reinforcing our BTC trade in expectation of one final upward movement.
If we see a candle close BELOW the upper trend channel expect to see panic selling. Make sure your stop losses are set for all trades and alt coins.

Zone to watch: 7500-7650
Comments
Sonerous
A 4 hour candle close?
More