jimo79

Bitcoin options in next 3 hours

jimo79 Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Looks like we are due for a retest of the $8000 support line in around 3 hours based on the current channel that has formed on the 15-min chart since the first reversal unless there is a clear break very shortly.

On the retest we may bounce for a double bottom or break through resistance and head somewhere for next bounce within the $5-$7.5k range
Comment:
currently testing a break out of the channel. Watch for a close above the channel as it may be a false break out
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