Hey traders.

My first post here and still learning TA, be gentle.

In my opinion, we are in an uptrend channel at the moment, however, we are slowly coming to the crucial point. If the candle closes below the orange trend line we will fall down to the purple support line.

Hopefully, the candle does not close below the trend line and we stay in the channel.

My opinion is that we will not fall 5800 again, let's wait and see.

BTCIDEANWCTrend Analysis

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