What is Bitcoin doing? for BINANCE:BTCUSDT by ali_zmni

trendanalysis chartpattern indicator btc btcusdt btcusd cryptocurrency crypto btcusdlong btcusdshort btc_usd

Hi, Price broke an ascending channel recently and now pulled back to it, now it might continue the bearish move or it can break the resistance zone and move up...the bearish move looks more possible to happen but we should wait for confirmation.
Use proper risk management!

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.