BTC: Breakout Or Breakdown

We have been waiting for break down of uprising channel support .. price respected it for 3 weeks now but its coming to an end! price has formed higher high that touched major black resistance line and resistance area where we had orders waiting just incase .. Hidden bearish divergence still in play on daily chart and the last leg high created a classic bearish divergence on lowertime frames and we still can notice it on daily chart which could be the start of the break down of this channel

So Its time for breakout or breakdown! .. our short orders filled at 10400 level with tight stop loss .. time to wait and watch

Bình luận:

Btc breaking down the channel