Descending Channel
BTC 2Hr:
- Confirmed breakout on descending channel
- Retest on trend line
- RSI breakout on trend line and recorrected
- Bollinger Band pressure on lower band, can result in buying pressure
- MACD about to reverse in the uptrend
This play can be seen in the 4hr timeframe but viewed in the 2hr for more detailed retest confirmation on the trend line
- Confirmed breakout on descending channel
- Retest on trend line
- RSI breakout on trend line and recorrected
- Bollinger Band pressure on lower band, can result in buying pressure
- MACD about to reverse in the uptrend
This play can be seen in the 4hr timeframe but viewed in the 2hr for more detailed retest confirmation on the trend line
Aviso legal
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