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bottom carnac classiccrypto dca deviation educational elasticity ema historicalvolatility overbought oversold pivot pivotpoints range reversal standarddeviation top trend Less Tags Show All Tags
Potential BTC LONG setup - Ascending Channel
BTCUSDT
, 1DLong
BTCUSDT: Potential BTC LONG setup - Ascending Channel

BTC has been ranging within an ascending channel since mid-October of 2023 and is currently testing the lower trendline of the channel. If the trendline holds, we can expect a bullish move back towards 49k. If the trendline fails, BTC will likely retest the 41k - 40k support area. Keep in mind that recent ETF approvals have created additional uncertainty in the...

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