BTC Descending Channels

Some people are talking about an inverted cup and handle starting in Jan.

Or a mega head shoulders. Perhaps too big in time bars.

Anyways, down trend is pretty clear.

Only time will tell if we get out of this.

I think there will always be some hope till we hold 30k no more.

Good luck.

Zlecenie aktywne:

30k area reached today once again.

Zlecenie aktywne:

BTC just following the same descending channel.
We need to break the green channel, test MA200 and breakout of the top blue channel (that would be around 50k) to start thinking about bullish things.

Zlecenie aktywne:

And keeps following the same green channel.
We will most probably go down.
BTC might probably give you a bit more hope before. Dont get traped. Better wait.