Btc is trading in this channel trending lower, it seems to have just broke out of the sym. triangle to the down side & is retesting the pattern.
The measured move would be around $38,500. to the bottom of the channel.
The .618 is also at that price.
Good short term support at $38.5k
R/R 3.15
The measured move would be around $38,500. to the bottom of the channel.
The .618 is also at that price.
Good short term support at $38.5k
R/R 3.15
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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.