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Bitdealer

Bitcoin Still in Channel

Bitcoin (BITMEX:XBTUSD.P)  
Bitdealer  
BITMEX:XBTUSD.P   Bitcoin
Support and Resistance Trend Lines Parallel Channel BTC BTCUSD Bitcoin (Cryptocurrency) bitcoinusd bitcoinprice
5
0
supportandresistance trendline parallelchannel btc btcusd bitcoin bitcoinusd bitcoinprice
A useful channel technique: spot failures to reach the channel line, usually is a sign of a weakening trend. Notice the price has been driven down to the bottom trend line every time except the last. (5)

PA has reacted strongly to these fib channel levels

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