BTCUSD Channelling at Current Prices

133
BTCUSD is in a horizontal channel currently, as you can see in the box. We are bouncing between support and resistance, making these market conditions perfect for overbought/oversold indicators like the rim, Bollinger bands, stochastic, and macd. Aside from trading this volatility, I am aware that if we see a break above resistance or below support as marked by the borders of the box, this will be a good opportunity for a breakout/down trade/ Either situation is tradable, which is the beauty of being able to short assets.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.