The Gaussian Channel 5 Day time frame 
BTC #Bitcoin Chart. As you can see price has been bouncing of the top of the channel (Look right). In the history of BTC (Look left) when there is a candle body close below the top part of the channel this signaled a pro longed Bear Market of not less than 1 year. Key level to hold on the 5 day chart is $36,600.00 (Price is now at $32,800.00). In 1 Day & 15 hr's time price could be in the channel with a candle body close and this could be catastrophic for BTC #Bitcoin. What we want is a bounce and a candle body close above the top of the channel and not a candle body close below the top of the channel. We will have to watch this closely in the next few day's to determine what happens next for the BTC #Bitcoin Price
BTC #Bitcoin Chart. As you can see price has been bouncing of the top of the channel (Look right). In the history of BTC (Look left) when there is a candle body close below the top part of the channel this signaled a pro longed Bear Market of not less than 1 year. Key level to hold on the 5 day chart is $36,600.00 (Price is now at $32,800.00). In 1 Day & 15 hr's time price could be in the channel with a candle body close and this could be catastrophic for BTC #Bitcoin. What we want is a bounce and a candle body close above the top of the channel and not a candle body close below the top of the channel. We will have to watch this closely in the next few day's to determine what happens next for the BTC #Bitcoin Price
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.