Bitcoin is in the descending channel in the 4-hour time frame, the resistance range of $26500 overlaps with the ceiling of the channel and the range is very strong.
In the 1-hour time frame, a flag pattern is forming, and if the pattern breaks, the target is the ceiling of the 4-hour channel.
In the 1-hour time frame, a flag pattern is forming, and if the pattern breaks, the target is the ceiling of the 4-hour channel.
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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.