UnknownUnicorn6061584

BTC|USD - Testing the Mid Line (Update)

BITSTAMP:BTCUSD   Bitcoin
Greetings. Please leave a Like if you like the idea

We got our retracement and now price is testing the mid line of the ascending channel, also price is going to test the 7175$ resistance.
If we get a breakout here we should expect the price will go to the higher boundary of the ascending channel.

However if we have a rejection here we can expect the 6800$ horizontal support to be retested.

Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.

Peace Out!

Not a Financial Advice
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.