Will Bitcoin tank below $4000 again?

2020년 4월 27일

Good Day :) Hope everybody is having a great trading week so far (That's if you've been following my analysis) wink*

Technical Analysis: BTC/USD

Bias: Bearish - On the Daily timeframe price action is moving in a bearish channel (Solid line). We will wait for price action to touch the descending trendline (Solid Line) which is in line with the previous support zone (Yellow Box) which could act as a resistance zone. Once price action has touched either one of these technical zones we then look for the break of the ascending trendline (Dotted Line) for an entry.

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Trade safe & have a great trading week :)