cryptoboz

XBT Trading within 1D channel

Short
cryptoboz Updated   
BITMEX:XBTUSD.P   Bitcoin
XBT moving within the channel now. Break-out could mean bull or bear.
In my opinion, we are on our way back to 6K now. Long term is bullish with the weekly MACD cross-over.
Comment:
Still within the channel - BTC behaving like a tossed up coin at the moment.

www.tradingview.com/chart/kTy5VQ2X/
Comment:
Trade active:
XBT much within the channel above. Downtrend will continue until we hit about 6.2 to 6.3K before the next pump. Short pull-back possible at strong support levels but won't stop the bears.
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