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Saisios

{Saisios}Blue line Ascending Channel

Long
Bitcoin (BITMEX:XBT)  
Saisios Updated   
BITMEX:XBT   Bitcoin
Trend Analysis
3
0
trendanalysis
Blue line Ascending Channel 

(Fibo 1 - 11890 / fib 0 - 11100) 
Point1. 11720 fibo 0.782 Down 
Point2. 11400 fibo 0.382 up 

The chart may be partially transformed by overshooting or trajectory of the trend
Comment:
The blue line's uptrend channel is broken and is following a large pink wedge trend.

If the short-term decline could come out and support the 10.9k to 11k zone and break above the top of the 11.4k downturn wedge, you can see a rise to 12k again.
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