Bitcoin
Long
Updated

BTCUSD in descending channel only after breakout huge pump

10 038
As we can see price is in descending channel and usually descending channels after the pump are short-term corrections and after a breakout to the upside, the price will pump hard once again.

if this channel breaks then the price can easily reach a new high over high like green arrows.


DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
Daily view:
BTCUSD daily strong support zones are ahead
Trade active
Local trendline (red small trendline on the chart) broke

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.