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MaAndre0805
Mar 1, 2021 5:23 PM

Falling Channel Forever!  

Description

Will it ever break out of this falling channel? It should happen sooner than later, BTC pair looking not so hot either, bagholders must stop dumping for a while.
Comments
cyphhh
Is this invalidated? hehe
MaAndre0805
@cyphhh, Hi, The channel broke up at decent volume which is good. Now trying to set in a higher high on the 4h chart, after that I would expect a pullback to test the channel once again and then hopefully set in a higher low on the 4h . Bitcoin setting the pace here and not convinced if bitcoin is ready for new alltime highs.
MaAndre0805
@cyphhh, technically the measured move from the channel is approx. 4 cent and there is also a high volume node
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