Bitcoin is in a big descending channel, a trend. Also, there is a little uptrend channel inside. We are in a zone of premium Fibonacci levels for the bears now. I see an expanding triangle pattern. BTC will test the upward resistance line. It will be the 5th touch, after which we await a trend reversal. I expect some accumulation in the classic conditional triangle. I think there will be a downward breakout. Volumes are subsiding.
Best regards,
EXCAVO
Best regards,
EXCAVO
Note
the last few months on tuesday the market has been fallingNote
break out this formation
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Admin - t.me/excavo
Online stream kick.com/excavo11
All info
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TG
t.me/EXCAVOACADEMY
t.me/excavochannel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.