BITCOIN IS COMING TO SUPPORT LINE OF TRIANGLE AND RISING CHANNEL

Oleh YMGroup
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

This is my update for situation with bitcoin to my previous idea, as you can see BTC price is starts moving to down part of triangle/channel.
BTC BACK INSIDE TRIANGLE (UPWARD CHANNEL) IN DOWNTREND, UPDATE !


The price is slowly but surely moving in the indicated direction.

I look more and more at the chart and see a distinct uptrend channel on a downtrend.

And if you know uptrend channel on a downtrend it's about continuing of main direction, in our case - lower and lower.

First main target is around support line of triangle/channel around 36-37k

And in this zone we will decide what to do continue short or buy new long position.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
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