#BTC/USDT
BTC touched the middle line of descending channel that is the same with ling term support zone and 1.272 fib level of last swing high.
Price may have sideways move between $28k and $37k for days to touch the upper line of channel.
🐮 then break out from upper line will increase price to resistance zone around $45k.
🐻 and rejection from upper line can drop price to middle line around $20k.
BTC touched the middle line of descending channel that is the same with ling term support zone and 1.272 fib level of last swing high.Price may have sideways move between $28k and $37k for days to touch the upper line of channel.
🐮 then break out from upper line will increase price to resistance zone around $45k.
🐻 and rejection from upper line can drop price to middle line around $20k.
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Related publications
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.