As BTC hit our target exactly then bounced off the aupport trend line, it has now been rejected from the resistance trendline. We are looking for another bounce on the support line rather than a continuation in this downward channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.