schawin999

BTCUSD consolidation after breaking out of trend channel

Short
BITSTAMP:BTCUSD   Bitcoin
Expect BTC to consolidate further in this range before pushing through downtrend line above, which has capped upward movement in trend channel.
Some slight retracement possible but major uptrend seen continuing in coming week.
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.