someone514

BTCUSD - Short/Medium Term Channel & Levels to Watch

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BITFINEX:BTCUSD   Bitcoin
We are now trading in a descending channel , inside an ascending channel , inside a long term bearish descending channel .

Levels to watch are labelled.
Komen:
we are reaching the apex of two lower degree channels.
Komen:

Bulls & bears fighting at the apex. Bulls need substantially more volume.
Komen:
We just closed a green hourly candle at the absolute apex of the two smaller channels.
The volume is rather pathetic; it is the bulls who have a point to prove, a spike in volume must come in for it to be a sustainable rally.
Penafian

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