BTCUSDT - New Channel Idea

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Caution is crucial at these levels of uncertainty.

Looks like we're in a broadening channel; currently at the top with multiple rejections around $6550.

  • 4HR MACD cross, waiting for further drop to confirm divergence. Daily MACD still showing bullish momentum.
  • Weekly MACD indicating this was a short green week before we continue down.
  • SHORTS channel still showing support for bearish momentum.


Peace,



DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...

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