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tanner314
About me IT professional and algo trader
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BTCUSDT 50% | 2 BTCUSD 25% | 1 CRVPERP 25% | 1
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parallelchannel supportandresistance trendanalysis Less Tags Show All Tags
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Descending channel with resistance followed by support
BTCUSDT
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BTCUSDT: Descending channel with resistance followed by support

BTCUSDT is in a descending channel formation; however, the price is approaching a point of support around $9,500 where two points have rallied once before. What will it do next? Will China's impact of banning crypto brokers have a continual effect?

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