Bitcoin / TetherUS
已更新

Channel formation, exuberance testing highs

398
Support: the price where we are upon posting this idea and lower support at 8568.

Resistance: 9076 which can become support, 9733 and 9907.

The 2h (support on the cloud):
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The 4h (support on the cherry line and the 50 day MA):
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註釋
- channel broke downwards

- support and resistance lines still hold

- it seems/looks like a new channel has formed:

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註釋
no more channels for now, look for the support white lines and for the blue trend line:

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註釋
Update:
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註釋
blue channel ded, next support at 9420.
註釋
that was 8420*
註釋
we found it at 8220 eventually, I will start a new idea from here.
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