BTC not looking so good.
-- Caught support on the descending channel. Below that is more weak support at 6850 and a strong confluence of support at 6750.
-- Buried in resistance going up. Channel trend line (orange), a stronger medium time frame trend (grey), and at 7300.
Not sure where this goes from here or how long we will stay below 7.3k.
-- Buried in resistance going up. Channel trend line (orange), a stronger medium time frame trend (grey), and at 7300.
Not sure where this goes from here or how long we will stay below 7.3k.
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