New Downtrend Parallel Channel!

Short

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)

BINANCE:BTCUSDT.P Bitcoin / TetherUS PERPETUAL CONTRACT

harmonicpatterns parallelchannel oscillator

If price breaks Parallel Channel uptrend, it will continue uptrend and bullish. Otherwise, it keeps going through the channel as an elder bear strongly!

-------------------

Different indicators and oscillators which are used in this analysis :
Price action - Volume - Ichimoku - Moving average Lines MA - Moving average Channels MAC - Volume Profile - On Balance Volume- RSI - MACD and Fibonacci

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.