Tendorian

21st March BTC At top resistance of downtrend channel

Tendorian 업데이트됨   
BITFINEX:BTCUSD   비트코인
We are at the top of this big downtrend channel. Waiting to see if price is able to break through. Watch out for a break of this upwards channel to the downside, the bear not out of the woods yet. Deciding point for now.
코멘트:

I will be looking out at the 23.6 and 38.2 retracements for potential buy areas. If it drop further I will reassess the bull move.
코멘트:

On Daily we are at critical juncture, the market is not bullish yet on the Daily, we need to blast through 10k to change the current bearish sentiment. Or else we will fall again.
코멘트:

First test always get rejected. Be careful.
코멘트:
That was the China fud back in September.
코멘트:

Watch out for a break, first support around 8600 where the 200 EMA is on 1H.
코멘트:

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