BTC consolidating uptrend parallel channel.
Within the upper channel a rising wedge, with a typical downside result.
Downside price contact to the lower channel support level and holding well so far.
Expecting further consolidation in the lower channel region during Sept period. Before a breakout towards the upper channel in Oct.
Within the upper channel a rising wedge, with a typical downside result.
Downside price contact to the lower channel support level and holding well so far.
Expecting further consolidation in the lower channel region during Sept period. Before a breakout towards the upper channel in Oct.