BTC short pullback before possible upwards movement.

BTC seems to be in this channel, and its somewhat struggling to break the shorter term downtrend.

I can see it go down a bit before this weekend.
After that, there seems to be enough support (cloud, bottom channel, 100d Moving Average) to break the downtrend.
BTC still looks very bullish on the weekly chart in my opinion.

If it does go down this week, i'm buying:)

Good Luck!

Trade active:

Still following the projection.
Time for a break-out this week. Let's wait and see if it breaks upwards.

Comment:

So far so good.
Expect some resistance around 4400