BTC Possible direction

The next move for BTC could make or break. If the support line of this rising channel holds the next test, this could be a good entry point for a LONG trade. If BTC falls through this support that would probably lead us below 30k BTC price. If this would be the case that breakout down would be a profitable entry for a SHORT trade.

Comentário:

BTC formed a small rising wedge on the lower timeframe. Volume decreasing so the next move should be near. Rising wedge has more chance to break out to the downside, be careful with LONG trades

Comentário:

All info is on the chart

Trade ativo:

BTC respects our projection too good to be true... Volume decreasing, so the next move could be near. Watch out... Move the stop loss to lock some profits if in trade