BTC is breaking the downwards channel and also noticed MACD crossover indicating bullish reversal signal. We need to see a breakout and re-test of the channel which I believe is going to re-test key level at around 18k after that we don't know if it could recover or continue potentially downwards giving confluence so many bad news around! Fundamentals + volume are lag-less indicators!
Trade closed: target reached:
Prediction came true! GG Target reached !!
I recommend TP right before opposing pressure creeps in, so that would be a tad below resistance as we don't know what's going to happen after it reaches the area.
I recommend TP right before opposing pressure creeps in, so that would be a tad below resistance as we don't know what's going to happen after it reaches the area.