Short
SNGLS/BTC Bearish channel.
Hello, traders.
After a strong bullish movement, the correction came in the same proportion, since then we are within a bearish channel for this asset
I would wait for this asset to start forming a bullish structure, with higher highs and higher lows, otherwise, I think the downtrend movement will continue.
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After a strong bullish movement, the correction came in the same proportion, since then we are within a bearish channel for this asset
I would wait for this asset to start forming a bullish structure, with higher highs and higher lows, otherwise, I think the downtrend movement will continue.
Push the like Button and follow us on Tradingview.
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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.