altcoin_invest

Hit the meridian of a long downtrend channel, for a crash (btc)

Short
BTCE:BTCUSD   None
While lot's of ppl in here are full bullish I see just a perfect hit on our intact longterm downtrend channel. RSI inkl. selloff today give us the confirm that the chart will stay in this channel. The only question is how long. But out of question I quess is, that befor any move up we need to find our support level in this channel.

What also confirm this TA is my last one which is even showing a middle-term uptrend channel, also hit the meridian + RSI and Ichimoku cloud confirmed. You'll find it here:
If my TA helps ypu, pls support my work by following me on
tradingview: www.tradingview.com/u/altcoin_invest/
or twitter: twitter.com/altcoin_invest

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.