BTC has broken the descendant parallel channel (on 12H TF). RSI broken its trendline as well.
It seems that BTC will have another leg down to 36K (to reach the yearly support trendline).
It seems that BTC will have another leg down to 36K (to reach the yearly support trendline).
Comment:
The lower edge of the parallel channel should be place alittle bit lower. As a consequence, BTC was not outside the parallel channel. It has been moving inside this channel after that.
Order cancelled
