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Technical analysis by r4d00d about Symbol BTC on 10/7/2023

https://sahmeto.com/message/3328916
r4d00d
r4d00d
Rank: 10530
1.5

Looking for BTC to start forming another channel and an entry

:Neutral
Price at Publish Time:
$27,961.93
،Technical،r4d00d

The somewhat recent break of the upward channel and lack of volume is showing the market rejecting the 28-30k range and the bears are now back in control. A drop to the 21k area will likely provide a nice entry for a channel long however, confirmation is needed first.

Source Message: TradingView
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