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
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.