#BTC/USD
$BTC shaped a descending parallel channel, that touched the middle line.
🐮 break out from middle line that is the same with 0.236 fib level of last swing down, will increase price to upper line of channel that is the same with 0.382 fib level.
🐮🐮 break out from upper line of parallel channel, will face price to resistance zone between 0.5 and 0.618 fib levels and break out this resistance will fly price to upper line of daily channel around $50k and $52k.
🐻 rejection from the middle line or upper line of descending channel can help bears to drop price lower than channel around $35k and $30k.
$BTC shaped a descending parallel channel, that touched the middle line.
🐮 break out from middle line that is the same with 0.236 fib level of last swing down, will increase price to upper line of channel that is the same with 0.382 fib level.
🐮🐮 break out from upper line of parallel channel, will face price to resistance zone between 0.5 and 0.618 fib levels and break out this resistance will fly price to upper line of daily channel around $50k and $52k.
🐻 rejection from the middle line or upper line of descending channel can help bears to drop price lower than channel around $35k and $30k.
