BTCUSDT - New Channel Idea
Bitcoin / TetherUSBinance
Description
⋅ Caution is crucial at these levels of uncertainty.
Looks like we're in a broadening channel; currently at the top with multiple rejections around $6550.
- 4HR MACD cross, waiting for further drop to confirm divergence. Daily MACD still showing bullish momentum.
- Weekly MACD indicating this was a short green week before we continue down.
- SHORTS channel still showing support for bearish momentum.
Peace,
DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...